As of Monday, November 21, 2016 at the close of trading EquitySurge™ has continued a sell signal for USA equities.
Stocks rose today to begin the holiday week, and there may be more gains to come. We are going to use this week as an opportunity to liquidate long positions, as our cardinal indicator, liquidity, is telling us that support for this vertical rally from after the election is waning.
Without the support of strong liquidity rallies will peak and then eventually fail. This rally in stocks has been straight up since the election, but during the same period liquidity has dropped, a significant warning sign.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.