Monday, December 22, 2014

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



On
Friday, December 19, the S&P 500 closed @ 2071, and that was...
  
   +6.5% ABOVE its 12-Month moving average which stood @ 1945.
   +5.6% ABOVE its 40-Week moving average which stood @ 1960.
   +1.5% ABOVE its 10-Week moving average which stood @ 2040.


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



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