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

On Friday, July 21, the S&P 500 closed @ 2473, and that was...
  
   +6.6% ABOVE its 12-Month moving average which stood @ 2319.
   +6.4% ABOVE its 40-Week moving average which stood @ 2324.
   +1.7% ABOVE its 10-Week moving average which stood @ 2432.


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