As of Monday, December 19 – Thursday, December 22, 2016 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities.
We are traveling much of the rest of this week, so the next update will be on Friday.
Markets will most likely be fairly quiet over the next several days leading up to the Christmas Holiday, barring of course any surprises.
The message from liquidity has not changed: it is strongly warning us to take advantage of this vertical rally since the election and lock in gains on long equity positions and build up cash.
While calm markets and effusive headlines might make it seems like there is nothing to be concerned about, underneath the surface there appears to be a maelstrom brewing which has been forecast by the downturn in liquidity since before the election. This is not something to ignore or hope will go away, but rather it is advisable to listen to and act on to take long positions off.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.