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

On Friday, August 28, the S&P 500 closed @ 1989, and that was...
  
   -2.1% ABOVE its 12-Month moving average which stood @ 2031.
   -3.9% ABOVE its 40-Week moving average which stood @ 2069.
   -4.2% BELOW its 10-Week moving average which stood @ 2077.


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