Monday, May 23, 2016

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



On
Friday, May 20, the S&P 500 closed @ 2050, and that was...
  
   +1.2% ABOVE its 12-Month moving average which stood @ 2026.
   +2.2% ABOVE its 40-Week moving average which stood @ 2007.
   -0.5% BELOW its 10-Week moving average which stood @ 2060.


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




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