Tuesday, March 11, 2014

Russell 2000 breaks 15-year resistance, others to follow?

by Chris Kimble

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Several popular U.S. stock index's are at or near all time highs. Of late the Russell 2000 just broke above a 15-year resistance line. Now we will soon see if the Dow, NDX, NYSE and Wilshire 5000 follow suit.

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The attempted breakouts are taking place with valuations 66% above the 114-year average valuation line.

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