Saturday, August 7, 2010

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis


On
Friday August 6 the S&P 500 closed @ 1123, and that was...
  
   +3.2% ABOVE its 12-Month moving average which stood @ 1087.
   +0.7% ABOVE its 40-Week moving average which stood @ 1114.
   +3.5% ABOVE its 10-Week moving average which stood @ 1084.


Therefore, the INTERMEDIATE-Term trend IS NEUTRAL and the LONG-Term trend is NEUTRAL.

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