Monday, October 20, 2014
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, October 17, the S&P 500 closed @ 1987, and that was...
+0.6% ABOVE its 12-Month moving average which stood @ 1876.
-1.1% BELOW its 40-Week moving average which stood @ 1908.
-4.2% BELOW its 10-Week moving average which stood @ 1969.
Therefore, the INTERMEDIATE-Term trend is Moderately BEARISH
and the LONG-Term trend is NEUTRAL.
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