As of Monday, June 20, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities.
The market gapped up significantly at the open today from Friday’s close and traded as high as the 2100 level on the S&P500 Index before backing off into the close to settle around the 2083 level.
Liquidity indicators rose substantially today as well, supporting the bullish case for higher stock prices.
With the British referendum to leave the European Union scheduled to be voted this Thursday, market volatility may return in the coming days, but as long as liquidity levels remain where they are now or higher, the stock market is an excellent buy at current prices.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.