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

On Friday, July 28, the S&P 500 closed @ 2472, and that was...
  
   +6.6% ABOVE its 12-Month moving average which stood @ 2319.
   +6.0% ABOVE its 40-Week moving average which stood @ 2332.
   +1.3% ABOVE its 10-Week moving average which stood @ 2441.


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