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

On Friday, May 31, the S&P 500 closed @ 1631, and that was...
  
    +9.4% ABOVE its 12-Month moving average which stood @ 1490.
    +9.1% ABOVE its 40-Week moving average which stood @ 1495.
    +1.7% ABOVE its 10-Week moving average which stood @ 1604.


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