Tuesday, April 19, 2016

As of Tuesday, April 19, 2016 at the close of trading EquitySurge™ has continued a hold signal for USA equities. This signal means to hold existing long stock market positions, but do not buy additional positions.

The market is deciding whether to break out higher above the 2100 price level on the S&P500 Index or to turn down from this level and seek support levels.

Several measures of liquidity (the flow of money into the stock market) are starting to flash some warning signals, so that is why holding existing long stock market positions, but not adding to them, is the prudent strategy for now, until more information comes to light about the market’s next intention.

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