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

On Friday, August 17, the S&P 500 closed @ 1418, and that was...
  
    +5.8% ABOVE its 12-Month moving average which stood @ 1341.
    +6.2% ABOVE its 40-Week moving average which stood @ 1335.
    +3.4% ABOVE its 10-Week moving average which stood @ 1372.


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