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.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment