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

On Friday, July 22, the S&P 500 closed @ 2175, and that was...
  
   +5.4% ABOVE its 12-Month moving average which stood @ 2064.
   +6.7% ABOVE its 40-Week moving average which stood @ 2038.
   +3.5% ABOVE its 10-Week moving average which stood @ 2102.


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