Monday, June 20, 2016

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



On
Friday, June 17, the S&P 500 closed @ 2071, and that was...
  
   +1.6% ABOVE its 12-Month moving average which stood @ 2039.
   +2.5% ABOVE its 40-Week moving average which stood @ 2020.
   -0.2% BELOW its 10-Week moving average which stood @ 2076.


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




No comments:

Post a Comment