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

On Friday, July 4, the S&P 500 closed @ 1985, and that was...
  
   +8.1% ABOVE its 12-Month moving average which stood @ 1836.
   +7.5% ABOVE its 40-Week moving average which stood @ 1847.
   +2.6% ABOVE its 10-Week moving average which stood @ 1935.


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