Monday, February 1, 2016
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, January 29, the S&P 500 closed @ 1940, and that was...
-3.9% BELOW its 12-Month moving average which stood @ 2019.
-5.0% BELOW its 40-Week moving average which stood @ 2042.
-2.7% BELOW its 10-Week moving average which stood @ 1995.
Therefore, the INTERMEDIATE-Term trend is NEUTRAL
and the LONG-Term trend is FLAT.
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