As of Wednesday, January 25, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities.
Stocks shot up to new all-time-highs today, with the S&P500 Index closing just under 2300 and the DOW 30 Index closing over 20,000, hooray!
The flip side of the coin is that volume was very light, money flow is negatively diverged, and liquidity is still strongly warning us to sell into these prices.
Additionally the Volatility Index, which measures levels of “fear” in the stock market, has its front month (current) futures contract far apart from its outermost contract which is October, 2017. This means that VIX futures are at a very low level now, but much higher in the outer futures contracts, a condition that is highly likely to lead to a spike in volatility and lower stock prices in the near future.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.