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

On Friday, September 25, the S&P 500 closed @ 1931, and that was...
  
   -4.1% BELOW its 12-Month moving average which stood @ 2013.
   -6.5% BELOW its 40-Week moving average which stood @ 2066.
   -3.8% BELOW its 10-Week moving average which stood @ 2008.


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