Monday, July 2, 2012
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, June 29, the S&P 500 closed @ 1362, and that was...
+3.4% ABOVE its 12-Month moving average which stood @ 1317.
+4.2% ABOVE its 40-Week moving average which stood @ 1307.
+1.8% ABOVE its 10-Week moving average which stood @ 1338.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL
and the LONG-Term trend is BULLISH.
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