Monday, May 15, 2017

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



On
Friday, May 12, the S&P 500 closed @ 2391, and that was...
  
   +5.3% ABOVE its 12-Month moving average which stood @ 2236.
   +5.6% ABOVE its 40-Week moving average which stood @ 2230.
   +0.1% ABOVE its 10-Week moving average which stood @ 2353.


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




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