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

On Friday, January 3, the S&P 500 closed @ 1831, and that was...
  
   +8.3% ABOVE its 12-Month moving average which stood @ 1690.
   +8.3% ABOVE its 40-Week moving average which stood @ 1691.
   +1.7% ABOVE its 10-Week moving average which stood @ 1801.


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