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

On Friday, July 22, the S&P 500 closed @ 1345, and that was...
  
    +5.7% ABOVE its 12-Month moving average which stood @ 1272.
    +4.4% ABOVE its 40-Week moving average which stood @ 1288.
    +2.5% ABOVE its 10-Week moving average which stood @ 1312.


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