As of Wednesday, January 4, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities.
Stocks were higher again on Wednesday, with the S&P500 Index closing up almost 13 points at the 2271 level.
Equities are retracing back up to near the highs set close to the end of 2016. What they do at those levels is very important.
Liquidity is still telling us to get out of long equity positions and hold in cash, and we are not going to ignore this strong warning that stock price weakness lies ahead. This retrace back up to near the all-time-highs is another great opportunity to sell high.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.