Monday, October 24, 2016
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, October 21, the S&P 500 closed @ 2141, and that was...
+2.0% ABOVE its 12-Month moving average which stood @ 2100.
+3.0% ABOVE its 40-Week moving average which stood @ 2079.
-0.7% BELOW its 10-Week moving average which stood @ 2156.
Therefore, the INTERMEDIATE-Term trend is NEUTRAL
and the LONG-Term trend is Moderately BULLISH.
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