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

On Friday, September 16, the S&P 500 closed @ 1216, which was...
  
    -2.8% BELOW its 12-Month moving average which stood @ 1251.
    -5.4% BELOW its 40-Week moving average which stood @ 1285.
    -0.2% BELOW its 10-Week moving average which stood @ 1218.


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