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

On Friday, July 25, the S&P 500 closed @ 1978, and that was...
  
   +7.8% ABOVE its 12-Month moving average which stood @ 1836.
   +6.4% ABOVE its 40-Week moving average which stood @ 1860.
   +1.2% ABOVE its 10-Week moving average which stood @ 1904.


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