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

On Friday, September 9, the S&P 500 closed @ 1154, putting it...
  
    -7.1% BELOW its 12-Month moving average which stood @ 1242.
  -10.2% BELOW its 40-Week moving average which stood @ 1286.
    -6.2% BELOW its 10-Week moving average which stood @ 1230.


Therefore, the INTERMEDIATE-Term trend IS BEARISH and the LONG-Term trend is BEARISH.