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

On Friday, May 16, the S&P 500 closed @ 1878, and that was...
  
   +5.7% ABOVE its 12-Month moving average which stood @ 1776.
   +4.8% ABOVE its 40-Week moving average which stood @ 1792.
   +0.9% ABOVE its 10-Week moving average which stood @ 1861.


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