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

On Friday, July 24, the S&P 500 closed @ 2080, and that was...
  
   +2.2% ABOVE its 12-Month moving average which stood @ 2035.
   +0.3% ABOVE its 40-Week moving average which stood @ 2074.
   -0.9% BELOW its 10-Week moving average which stood @ 2099.


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