NASDAQ index gives up its gains and trades in a negative territory ...Middle East

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The NASDAQ index has given up its gains and trades in negative territory. The index is currently down -21.08 points or -0.15% at 13618.50. The price of the NASDAQ index has been up for 8 consecutive days. The move from the October 26 low at 12543 to the high today at 13684.87 took the price up 9.10% (in 9 trading days).The NASDAQ index has its 100-day moving average at 13616.14. The price remains just above that level. A move below would disappoint the buyers on the break. Recall that back on October 11, the price closed above its 100-day moving average and traded higher on the very next day, before reversing and closing lower and back below the 100-day moving average. That started the move

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