Nasdaq trades above 25,000 again for the first time in a month!Nasdaq 100 SPOTCFI:US100CFIUS stock futures surged on Wednesday after the US and Iran announced a temporary ceasefire agreement that would allow shipping through the Strait of Hormuz during the truce. The Nasdaq Composite Index jumped Earlier on Wednesday more than 3%, surpassing 25,000 for the first time since March 11. the US President announced his agreement to suspend the planned attack on Iran for two weeks, stating that the "mutual" ceasefire was contingent on Iran opening the Strait of Hormuz. The accompanying chart shows the Nasdaq Composite Index breaking above its 100 exponential moving average and 200 simple moving average, surpassing the 61.8% Fibonacci retracement level, and finally breaking above the previous high of 24,980.