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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