Tadawul
WE ARE IN A LEVEL OF STAND BY POSITION, WAIT FOR THE NEXT VOLUMEPlease share with me your thoughts,
wait for the right moment to decide wisely,
Kind regards
Saudi IndexTasi today gave a nice closing confirming more upside or rather resuming upside after the current small retracement from the recent highs. It also corresponds with FIb retracement levels. Market is ready to move upside and to test the 200 ema very soon. I can predict a J hook pattern which can be very strong up side move. I am bullish on this one. Happy Trading :)
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Saudi Index are we going up Tomorrow?No doubt that its in uptrend and making higher highs and higher lows. It broke the resistance last week and the price have come in retest area and is showing good buying as buyers are ready to grab the prices. From here there is a good chance to bouce upside and make new high and make J hook pattern which is very strong upside. I am surely bullish on this market. Happy Trading :)
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