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

On Friday, August 21, the S&P 500 closed @ 1971, and that was...
  
    -2.8% BELOW its 12-Month moving average which stood @ 2028.
    -5.2% BELOW its 40-Week moving average which stood @ 2079.
    -5.2% BELOW its 10-Week moving average which stood @ 2082.


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