As of Thursday, July 7, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities.
The market consolidated again today around the 2100 level on the S&P500 Index after first climbing up to the 2110 level.
Liquidity is still strongly bullish for higher stock prices, so at this point price dips and weakness below 2100 offer an excellent chance to buy or add to existing long equity positions.
At some point in the near future the right catalyst is going to launch this market well above 2100 and on to higher highs. Until then patience and a strategy of buying price dips to build long positions is the name of the game.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.