Friday, July 19, 2013

Joe Friday…Broadest of all markets, has 13-year breakout!

by Chris Kimble

CLICK ON CHART TO ENLARGE

The Wilshire 5000, the broadest of all U.S. Stock index's 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 inset chart).

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


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