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

On Friday, May 10, the S&P 500 closed @ 1634, and that was...
  
    +9.6% ABOVE its 12-Month moving average which stood @ 1490.
   +10.5% ABOVE its 40-Week moving average which stood @ 1478.
    +3.6% ABOVE its 10-Week moving average which stood @ 1577.


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