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Nasdaq 100 backs away from opening gains to 21,330

The US stock markets have just reopened and it has been a higher start for the Nasdaq 100. The Nasdaq 100 futures have been in front of the game all morning and that has led to a higher opening just now. The index put on 480 points when it closed at 21,237 yesterday. It has just this minute resumed live trading at 21,324. The high seen in very early trading has just been set at 21,330 and the thing about the opening price and that high is that both are above the current 21 day moving average. That is in place right now at 21,314. The index is juicy backing away a little right now though, as the Dow Jones tries to push back into positive territory. So there might be some rotation at plat there for the time being. The Nasdaq 100 is currently trading 21,277
 

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