As of Monday, June 6, 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.
Stocks closed above the 2100 level on the S&P500 Index today, but the trend is still rotation above, below and around that important level.
Liquidity indicators continue to strongly support higher stock prices, but it may take additional time for the market to really break out above 2100, so for now long equity positions should just be held.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.