As of Monday, January 9, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities.
Stocks fell back in price today, with the S&P500 Index closing down 8 points to the 2269 level.
Equities are hovering near all-time-highs as the inauguration of Donald Trump as president draws near. At the same time liquidity, our best indicator of future stock price direction, is maintaining its urgent message to get out of long equity positions and build cash.
We are going listen to the message from liquidity and ignore everything else, as has been proven so effective over many times and numerous market conditions.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.