Monday, June 10, 2013

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



On
Friday, June 7, the S&P 500 closed @ 1643, and that was...
  
    +8.6% ABOVE its 12-Month moving average which stood @ 1531.
    +9.5% ABOVE its 40-Week moving average which stood @ 1501.
    +1.9% ABOVE its 10-Week moving average which stood @ 1612.


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



No comments:

Post a Comment