Monday, July 23, 2012

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


On
Friday, July 20, the S&P 500 closed @ 1363, and that was...
  
    +2.9% ABOVE its 12-Month moving average which stood @ 1324.
    +3.2% ABOVE its 40-Week moving average which stood @ 1321.
    +2.2% ABOVE its 10-Week moving average which stood @ 1333.


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


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