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What does making sausage, making new laws and the price action of the Wilshire 5000 over the past few months have in common? None of them are pretty to watch, while it is taking place!
The broadest of all indexs remains trapped inside of a multi-month trading range, having a hard time pushing above resistance that has been in place since 2008.
This resistance continues to suggest lower overall equity exposure until resistance is taken out!