Monday, October 5, 2015

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



On
Friday, October 2, the S&P 500 closed @ 1951, and that was...
  
   -2.5% BELOW its 12-Month moving average which stood @ 2002.
   -5.4% BELOW its 40-Week moving average which stood @ 2062.
   -2.2% BELOW its 10-Week moving average which stood @ 1996.


Therefore, the INTERMEDIATE-Term trend is BEARISH
and the LONG-Term trend is SIDEWAYs.




No comments:

Post a Comment