As of Monday, May 16, 2106 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities.
The stock market was up strongly today, with the S&P500 Index climbing all the way back up Friday’s sell-off, and higher, before closing back near the highs from Friday.
This sideways consolidation action in the stock market is happening while the liquidity indicators continue to foretell an eventual breakout higher in stock prices and continuation of the bullish trend, most likely to new all-time highs.
In the interim, it is prudent to continue buying equity price weakness to build long positions in anticipation of higher stock prices.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.