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

On Friday, July 15, the S&P 500 closed @ 1316, and that was...
  
    +3.8% ABOVE its 12-Month moving average which stood @ 1268.
    +2.5% ABOVE its 40-Week moving average which stood @ 1284.
    +0.4% ABOVE its 10-Week moving average which stood @ 1311.


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