As of Wednesday, June 22, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities.
The market consolidated again today in a narrow range around the 2085 level on the S&P500 Index.
The British referendum vote on whether the country should stay or leave the European Union is tomorrow, and the event certainly could be a catalyst for the market.
The liquidity indicators are absolutely saying to be long this market, so whatever the outcome of the British vote, the message from a liquidity standpoint is to buy this market with the expectation of higher stock prices to come. For this important and compelling reason, any price weakness is an excellent opportunity to buy or add to existing long equity positions.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.