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

 On Friday, December 28, the S&P 500 closed @ 1402, and that was...
  
    +1.9% ABOVE its 12-Month moving average which stood @ 1376.
    +0.9% ABOVE its 40-Week moving average which stood @ 1390.
    -0.3% BELOW its 10-Week moving average which stood @ 1406.


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