As of Tuesday, February 7, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities.
Stocks started the day off strongly but then quickly turned around lower.
We continue to see weak technicals in the market, and liquidity is still telling us to exit longs. The market could remain in a sideways consolidation mode, but a breakdown leading to lower levels seems highly likely.
If you would like to review the EquitySurge™ trading signals generated in 2016 and so far in 2017 please see the Trading Signal Performance Chart page.