Monday, April 25, 2016

As of Monday, April 25, 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 stock market had another sideways consolidation trading range today, while several liquidity indicators, which are a measure of how much money is flowing into the market, turned down somewhat.

At this point the market is trending sideways off the recent price highs, and until there is more evidence of the next major move either higher in price or lower, it is advisable to hold existing long market positions, but not buy or add new positions.

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