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

On Friday, November 25, the S&P 500 closed @ 1159, and that was...
  
    -6.0% BELOW its 12-Month moving average which stood @ 1233.
    -8.2% BELOW its 40-Week moving average which stood @ 1262.
    -4.4% BELOW its 10-Week moving average which stood @ 1212.


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