As of Thursday, December 15, 2016 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities.
Stocks rebounded some today after yesterday’s decline, however liquidity dropped significantly.
At this point the message from liquidity to exit long equity positions is growing quite loud, and while the stock market may bounce around in a range into the end of the year, and perhaps even make marginal new highs during the upcoming Holidays, the risks of remaining long are increasing rapidly.
We would be moving any remaining long positions to cash at these price levels.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.