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

On Friday, August 5, the S&P 500 closed @ 2183, and that was...
  
   +4.8% ABOVE its 12-Month moving average which stood @ 2082.
   +6.8% ABOVE its 40-Week moving average which stood @ 2043.
   +2.8% ABOVE its 10-Week moving average which stood @ 2123.


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