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

 On Friday, November 9, the S&P 500 closed @ 1380, and that was...
  
    +1.0% ABOVE its 12-Month moving average which stood @ 1355.
    -0.3% BELOW its 40-Week moving average which stood @ 1366.
    -3.7% BELOW its 10-Week moving average which stood @ 1422.


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