Friday, April 8, 2016

As of Friday, April 8, 2016 at the close of trading EquitySurge™ has continued a buy-accumulate signal for USA equities.

The stock market spent this week consolidating in a sideways range after testing support price levels in front of the beginning of first quarter earnings season which starts next week.

The market closed the week above the important 2030 support level on the S&P500 Index, which bodes well for a return to the bullish price uptrend in the coming days and weeks.

With stock market liquidity measures (money flowing into the market) still looking very positive, any price weakness in the coming days should be considered a buying opportunity.

 

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