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

On Friday, July 17, the S&P 500 closed @ 2127, and that was...
  
   +4.1% ABOVE its 12-Month moving average which stood @ 2042.
   +2.8% ABOVE its 40-Week moving average which stood @ 2069.
   +1.1% ABOVE its 10-Week moving average which stood @ 2103.


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