Monday, May 9, 2016
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, May 6, the S&P 500 closed @ 2057, and that was...
+1.5% ABOVE its 12-Month moving average which stood @ 2027.
+2.4% ABOVE its 40-Week moving average which stood @ 2009.
+0.3% ABOVE its 10-Week moving average which stood @ 2052.
Therefore, the INTERMEDIATE-Term trend is NEUTRAL
and the LONG-Term trend is Moderately BULLISH.
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