Monday, August 12, 2013

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



On
Friday, August 9, the S&P 500 closed @ 1691, and that was...
  
   +8.5% ABOVE its 12-Month moving average which stood @ 1559.
   +9.1% ABOVE its 40-Week moving average which stood @ 1551.
   +2.1% ABOVE its 10-Week moving average which stood @ 1657.


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





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