Tuesday, May 31, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, May 27, the S&P 500 closed @ 1331, and that was...
+6.8% ABOVE its 12-Month moving average which stood @ 1246.
+6.2% ABOVE its 40-Week moving average which stood @ 1253.
-0.2% BELOW its 10-Week moving average which stood @ 1334.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL and the LONG-Term trend is BULLISH.
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