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

On Friday, July 3, the S&P 500 closed @ 2077, and that was...
  
   +2.1% ABOVE its 12-Month moving average which stood @ 2034.
   +0.8% ABOVE its 40-Week moving average which stood @ 2061.
   -1.4% BELOW its 10-Week moving average which stood @ 2106.


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