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

On Friday, February 5, the S&P 500 closed @ 1880, and that was...
  
   -5.9% BELOW its 12-Month moving average which stood @ 1997.
   -7.7% BELOW its 40-Week moving average which stood @ 2036.
   -4.8% BELOW its 10-Week moving average which stood @ 1974.


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