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

On Friday, August 31, the S&P 500 closed @ 1407, and that was...
  
    +5.0% ABOVE its 12-Month moving average which stood @ 1339.
    +4.5% ABOVE its 40-Week moving average which stood @ 1346.
    +1.5% ABOVE its 10-Week moving average which stood @ 1386.


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