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

On Friday, January 2, the S&P 500 closed @ 2058, and that was...
  
   +5.0% ABOVE its 12-Month moving average which stood @ 1961.
   +4.7% ABOVE its 40-Week moving average which stood @ 1966.
   +0.3% ABOVE its 10-Week moving average which stood @ 2052.


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