Joe Friday: ''Broadest US Index Has 13-Year Breakout''

July 19th, 2013

by Chris Kimble

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The Wilshire 5000, the broadest of all U.S. Stock indexes broke above a 13-year resistance line and retested the old resistance line as support and is pushing higher.

At the same time the NYSE Advance/Decline line is near all-time high levels (see chart inset below).

Joe Friday: "Broad market looks healthy above the breakout line."

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