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

On Friday, November 16, the S&P 500 closed @ 1360, and that was...
  
    -0.2% BELOW  its 12-Month moving average which stood @ 1363.
    -1.8% BELOW its 40-Week moving average which stood @ 1385.
    -4.6% BELOW its 10-Week moving average which stood @ 1426.


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