Monday, August 6, 2012

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


On
Friday, August 3, the S&P 500 closed @ 1391, and that was...
  
    +4.0% ABOVE its 12-Month moving average which stood @ 1337.
    +4.8% ABOVE its 40-Week moving average which stood @ 1327.
    +3.1% 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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