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

On Friday, June 24, the S&P 500 closed @ 1268, and that was...
  
    +1.4% ABOVE its 12-Month moving average which stood @ 1251.
    -0.3% BELOW its 40-Week moving average which stood @ 1272.
    -3.5% BELOW its 10-Week moving average which stood @ 1315.


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