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

On Friday, July 29, the S&P 500 closed @ 1292, and that was...
  
    +2.2% ABOVE its 12-Month moving average which stood @ 1264.
    +0.1% ABOVE its 40-Week moving average which stood @ 1291.
    -1.2% BELOW its 10-Week moving average which stood @ 1308.


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