Positive start for the major US indices to start the trading week ...Middle East

The 3 major stock indices are moving higher in early US trading and in the process, keeping the momentum going from last week's trading.A snapshot of the major indices 9 minutes into the open is showing:Dow industrial average of 57.63 points or 0.17% at 34118.96S&P index up 10.73 points or 0.25% at 4369.08NASDAQ index up 69.37 points or 0.51% at 13547.65Looking at the daily chart of the NASDAQ index below, the price is approaching its 100-day moving average at 13618.59.Recall that on October 11, the price moved back above that moving average level (at 13602 at the time) and closed above. However, the very next day the price reversed lower and stayed below that level the decline took the pric

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