Friday, April 1, 2016

As of Friday, April 1, 2016 at the close of trading EquitySurge™ has continued a buy-accumulate signal for USA equities.

The market dropped and tested important price support levels soon after the open today, but then turned around mid-day and shot higher to close just off the high of the day near the 2075 level on the S&P500 Index.

While there are some indications of the market becoming “overbought”, there is also nothing that says the market cannot move higher towards the 2100 level, the 2134 all time high level and beyond in the coming days and weeks.

So any price weakness this coming week is an excellent time to buy or add to existing equity positions.

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