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

On Friday, July 27, the S&P 500 closed @ 1386, and that was...
  
    +4.4% ABOVE its 12-Month moving average which stood @ 1328.
    +4.7% ABOVE its 40-Week moving average which stood @ 1324.
    +3.3% ABOVE  its 10-Week moving average which stood @ 1342.


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