Monday, October 7, 2013

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



On
Friday, October 4, the S&P 500 closed @ 1691, and that was...
  
   +6.4% ABOVE its 12-Month moving average which stood @ 1589.
   +5.4% ABOVE its 40-Week moving average which stood @ 1604.
   +0.7% ABOVE its 10-Week moving average which stood @ 1679.


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



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