NASDAQ index back above its 100 day moving average ...Middle East

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NASDAQ index back above its 100 day moving average
The NASDAQ index fell -238.04 point at session lows today. It is now flipped that decline and transact 244.18 points or up 1.43% at 17269.. That is quite a reversalThe move back to the upside has taken the price back above its 100- day moving average at 17158.57 (blue line on the chart above). That's good news technically. The 50-day moving average is the next major target at 17528.67 on the daily chart.Drilling down to the hourly chart below, the price earlier today stalled near resistance against its 50 hour moving average before moving lower. The last four hourly bars have seen a steady move higher, and the price is now not only above its 50 hour moving average, but also above its 200 hou

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