As of Wednesday, June 8, 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 market continues to probe higher, but the expectation is for more consolidation above, below and around the 2100 level on the S&P500 Index.
For now holding existing long equity market positions may be the best course of action.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.