NASDAQ index trades to a new session high ...Middle East

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NASDAQ index trades to a new session high

The NASDAQ index is extending to a new session high with us in our to go in trading. The high price just reached 18182.22. That's up close to 400 points or 2.24%. On January 15 the index rose 2.45% and on March 14 the index rose 2.61%. Those were the two largest percentage gains for the year so far.

The next target is at 18,235.61. That is the swing high from March 7. Above that is the 38.2% retracement of the move down from the February 18 high at 18,338.54

    This article was written by Greg Michalowski at www.forexlive.com.

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