As of Monday, November 14, 2016 at the close of trading EquitySurge™ has continued a hold signal for USA equities.
Stocks traded in a narrow range today, with the S&P500 Index closing basically unchanged at the 2164 level.
Stocks consolidated after the post-election gains, and are deciding if prices head higher or lower from here.
Liquidity is telling us to be cautious, and that is a message we shall heed until more information becomes apparent.
At this point we are holding long positions, but have a wary eye toward another down leg at some point in the near future.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.