NASDAQ index slips below 100-day average as bearish signals intensify ...Middle East

The NASDAQ index has moved back below its 100-day moving average at 13615.60. That index moved above its 100-day moving average on Tuesday and closed above it for 2 consecutive days. Those 2 days were one day longer than the October break which had only one close above its 100-day moving average.The high price today reached 13697.82. The high price going back to October 12 reached 13714.14. The inability to get above that high - and staying above - and the moving back below the 100-day moving average are bearish signals for the index.Meanwhile, the S&P index reached a high today of 4393.40. That was short of its 100-day moving average at 4402.16. The S&P has not traded above its 100-day movi

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