Monday, August 26, 2013

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



On
Friday, August 23, the S&P 500 closed @ 1664, and that was...
  
   +7.0% ABOVE its 12-Month moving average which stood @ 1555.
   +6.3% ABOVE its 40-Week moving average which stood @ 1565.
   +0.2% ABOVE its 10-Week moving average which stood @ 1661.


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





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