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

On Friday, May 5, the S&P 500 closed @ 2399, and that was...
  
   +5.9% ABOVE its 12-Month moving average which stood @ 2265.
   +6.6% ABOVE its 40-Week moving average which stood @ 2250.
   +1.4% ABOVE its 10-Week moving average which stood @ 2366.


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