Monday, February 29, 2016
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, February 26, the S&P 500 closed @ 1949, and that was...
-3.5% BELOW its 12-Month moving average which stood @ 2020.
-2.9% BELOW its 40-Week moving average which stood @ 2008.
+0.6% ABOVE its 10-Week moving average which stood @ 1937.
Therefore, the INTERMEDIATE-Term trend is NEUTRAL
and the LONG-Term trend is BEARISH.
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