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

On Friday, June 17, the S&P 500 closed @ 1272, and that was...
  
    +1.6% ABOVE its 12-Month moving average which stood @ 1252.
    +0.4% ABOVE its 40-Week moving average which stood @ 1267.
    -3.7% BELOW its 10-Week moving average which stood @ 1321.


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