As of Friday, May 13, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities.
The market sold off on Friday into important support price levels on the S&P500 Index. It is likely these price levels will be tested again early in the new trading week, however liquidity indicators continue to show strong support for higher stock prices and a continuation of the bullish trend.
Given the strongly supportive liquidity backdrop, additional stock price weakness should be viewed as an excellent buying opportunity.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.