Stock Market Breaks 2009 highs

This is a chart of the Wilshire 5000 index, which is essentially 3000 plus stocks in the US. Seems its broken out in the all time highs.

The skeptic will see this as a move back to 7000.

But I challenge this, if it breaks out of this zone and stays above the resistance turned support made in the 2007 highs. Are we at a new paradigm?