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

On Friday May 28th the S&P 500 closed @ 1089, and that was...
  
   +0.4% ABOVE its 12-Month moving average which stood @ 1085.
   -1.4% BELOW its 40-Week moving average which stood @ 1105.
   -5.8% BELOW its 10-Week moving average which stood @ 1156.


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