Monday, July 16, 2012

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


On
Friday, July 13, the S&P 500 closed @ 1357, and that was...
  
    +2.6% ABOVE its 12-Month moving average which stood @ 1312.
    +3.0% ABOVE its 40-Week moving average which stood @ 1293.
    +1.9% ABOVE its 10-Week moving average which stood @ 1349.


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


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