As of Wednesday, May 25, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities.
The market followed yesterday’s large gains with more of the same today. Clearly the stock market wants to test the 2100 level on the S&P500 Index again and see if this time it can break through and aim next at the all-time-high of 2134 and beyond.
When the market will make its next attempt at 2100 and beyond is not apparent yet, but with the liquidity indicators showing very strong support for higher stock prices, this could happen sooner rather than later.
However in the meantime any near-term equity price weakness should be considered an excellent opportunity to buy or add to existing long stock market positions.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.