NASDAQ on pace for the second best day going back to 2022 ...Middle East

Currently, the S&P is up 3.04%. On November 30, 2022 the index rose 3.10%. The NASDAQ index is up 4.01%. On November 30, 2022 the index rose 4.41%.

For the S&P index, the 200 day moving average comes in at 5750.30. The 100 day moving averages at 5773.88. The current price is at 5831.11For the NASDAQ index, the 200 day moving averages at 18321.35. The 100 day is at 18477.63. The current price is at 18653.00

If the gains can be sustained into the close it would represent the first close above those moving averages since February 25. That would be a bullish development technically.

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

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