at Nasdaq.com (Fri, 11:44AM)
The broadest of stock market index's - the Wilshire 5000 - has broken above long-term...
The broadest of stock market index's - the Wilshire 5000 - has broken above long-term resistance, notes Kimble Chartling Solutions. Combined with an Advance/Decline line near an all-time high, it's two technical positives for the market (VTI, SPY, DIA). Scott Minerd yesterday suggested the A/D line's June swoon as reason for serious caution on the market for the rest of the summer.
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