Monday, July 11, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, July 8, the S&P 500 closed @ 1344, and that was...
+5.6% ABOVE its 12-Month moving average which stood @ 1272.
+5.0% ABOVE its 40-Week moving average which stood @ 1280.
+2.3% ABOVE its 10-Week moving average which stood @ 1314.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL and the LONG-Term trend is BULLISH.
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