Monday, July 22, 2013

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



On
Friday, July 19, the S&P 500 closed @ 1692, and that was...
  
   +10.2% ABOVE its 12-Month moving average which stood @ 1536.
   +10.6% ABOVE its 40-Week moving average which stood @ 1530.
     +3.2% ABOVE its 10-Week moving average which stood @ 1642.


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


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