S&P surges above 100-Day MA, Signals bullish momentum ...Middle East

The S&P index is currently trading near session highs up 60.44 points or 1.39% at 4407.92.In the process, the price is breaking above its 100-day moving average of 4402.47. The last time the price traded above the 100-day moving average back on September 20. The next day (December 21, the price gapped below the moving average and has been below it since that time. The low was reached on October 27 at 4100.51. From the low to the high today, the price is up 7.4% over 10 days of trading.The NASDAQ index is also back above its 100-day moving average at 13617.84. On Tuesday and Wednesday, the price closed above that moving average but could not extend above the high price from October 12 at 137

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S&P surges above 100-Day MA, Signals bullish momentum ...Middle East

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