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

On Friday July 9th the S&P 500 closed @ 1078, and that was...
  
   +0.1% ABOVE its 12-Month moving average which stood @ 1077.
   -3.0% BELOW its 40-Week moving average which stood @ 1111.
   -0.8% BELOW its 10-Week moving average which stood @ 1087.


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