Thursday, March 17, 2016

As of Thursday, March 17, 2016 at the close of trading EquitySurge™ has continued a buy-accumulate signal for USA equities.

The stock market has soared directly to and now above the resistance area of 2030 on the S&P500 Index. The market may extend higher to the 2050-2060 level in the near-term which is the next price target level, however it is becoming overbought.

At some point fairly soon the market will have a retrace back down in price to check support levels. With liquidity (positive money flow) conditions remaining significantly supportive of higher stock prices, any weakness is an opportunity to continue buying equities and adding to positions.

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