Saturday, August 28, 2010
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday August 27 the S&P 500 closed @ 1065, and that was...
-1.2% BELOW its 12-Month moving average which stood @ 1078.
-4.3% BELOW its 40-Week moving average which stood @ 1113.
-1.2% BELOW its 10-Week moving average which stood @ 1078.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL and the LONG-Term trend is NEUTRAL.
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