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

On Friday, August 16, the S&P 500 closed @ 1656, and that was...
  
   +6.6% ABOVE its 12-Month moving average which stood @ 1554.
   +6.3% ABOVE its 40-Week moving average which stood @ 1557.
   -0.1% BELOW its 10-Week moving average which stood @ 1658.


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