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

On Friday, June 28, the S&P 500 closed @ 1606, and that was...
  
    +6.5% ABOVE its 12-Month moving average which stood @ 1508.
    +6.2% ABOVE its 40-Week moving average which stood @ 1513.
    -1.2% BELOW its 10-Week moving average which stood @ 1625.


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