TASI Tadawul All Shares Index
Updated
TASI is beautifully following Falling Wedge Pattern.
Bearish Until End of Nov
Short Bullish retracement within Falling wedge is expected by End of November Until top of falling wedge (in further 4 weeks).
Trade individual stocks with proper stop loss
Expected Bearish until Watchout level at strong support
Bearish Until End of Nov
Short Bullish retracement within Falling wedge is expected by End of November Until top of falling wedge (in further 4 weeks).
Trade individual stocks with proper stop loss
Expected Bearish until Watchout level at strong support
Note
After a false breakdown from Descending Channel, it is back to the channel.An upside movement for almost 2 weeks is expected until the top of Descending Channel.
Watch individual stocks for trades.
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