Monday, November 7, 2016
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, November 4, the S&P 500 closed @ 2085, and that was...
-0.6% BELOW its 12-Month moving average which stood @ 2097.
-0.1% BELOW its 40-Week moving average which stood @ 2088.
-2.7% BELOW its 10-Week moving average which stood @ 2142.
Therefore, the INTERMEDIATE-Term trend is NEUTRAL
and the LONG-Term trend is NEUTRAL.
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