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

On Friday June 4th the S&P 500 closed @ 1065, and that was...
  
   -1.6% BELOW its 12-Month moving average which stood @ 1082.
   -3.7% BELOW its 40-Week moving average which stood @ 1106.
   -7.1% BELOW its 10-Week moving average which stood @ 1146.


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