Breadth expansion is alive and well, with the Russell 3000 Advance/Decline line pushing to new all-time highs

Early gains receded Wednesday, as near-term overbought conditions based on hourly RSI readings, along with equal-weighted $SPX having closed above its upper Bollinger Band for a second straight day, likely merit some near-term consolidation before gains can continue. Overall, it was a very good push back to all-time highs for not only $SPX but also $DJIA, Russell 3000, equal-weighted $SPX, and Russell 2000 on a clos...

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