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

On Friday, July 31, the S&P 500 closed @ 2104, and that was...
  
   +3.2% ABOVE its 12-Month moving average which stood @ 2038.
   +1.3% ABOVE its 40-Week moving average which stood @ 2077.
   +0.3% ABOVE its 10-Week moving average which stood @ 2097.


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