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News Breaks | | | | November 19, 2012 | | 15:21 EDT |  | QQQ, NDX | Nasdaq 100 Index breaks above its 10-day moving average, levels to watch
The index is up over 2%, recovering three sessions of losses in one step as a result. The primary assist for the index is coming from the very large gain in its most heavily weighted component, Apple (AAPL) which is up over 6.5% at time of writing. With the index above its 10-day moving average, next resistance is at 2600.65. Support is at the 10-day moving average, last at 2577.31. | |
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