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

On Friday, March 23, the S&P 500 closed @ 2588, and that was...
  
   +1.0% ABOVE its 12-Month moving average which stood @ 2562.
   -0.2% BELOW its 40-Week moving average which stood @ 2594.
   -5.4% BELOW its 10-Week moving average which stood @ 2736.


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