Monday, August 22, 2016

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



On
Friday, August 19, the S&P 500 closed @ 2184, and that was...
  
   +4.9% ABOVE its 12-Month moving average which stood @ 2082.
   +6.6% ABOVE its 40-Week moving average which stood @ 2049.
   +2.0% ABOVE its 10-Week moving average which stood @ 2140.


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




No comments:

Post a Comment