Tuesday, July 5, 2011

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


On
Friday, July 01, the S&P 500 closed @ 1339, and that was...
  
    +5.3% ABOVE its 12-Month moving average which stood @ 1272.
    +5.1% ABOVE its 40-Week moving average which stood @ 1275.
    +1.8% ABOVE its 10-Week moving average which stood @ 1316.


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

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