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

On Friday, May 22, the S&P 500 closed @ 2126, and that was...
  
   +5.1% ABOVE its 12-Month moving average which stood @ 2022.
   +3.9% ABOVE its 40-Week moving average which stood @ 2046.
   +1.2% ABOVE its 10-Week moving average which stood @ 2101.


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