As of Wednesday, December 28, 2016 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities.
Stocks sold off today, with the S&P500 Index down almost 19 points to the 2250 level at the close. This is also just the second time since the election that the Dow Jones Industrial Average was down more than 100 points.
Liquidity is maintaining its signal to sell equities and move to cash, so as we close out the year 2016 over the next couple days and ring in the start of the new trading year early next week, it is a good time to finish closing out long positions, especially if the market retraces back up over the near term.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.