Monday, May 5, 2014

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



On
Friday, May 2, the S&P 500 closed @ 1881, and that was...
  
   +5.9% ABOVE its 12-Month moving average which stood @ 1777.
   +5.5% ABOVE its 40-Week moving average which stood @ 1783.
   +1.2% ABOVE its 10-Week moving average which stood @ 1859.


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



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