TASI: Prepare for your new years
Since 2006, TASI had 3 bear market periods and 2 pull markets ( and currently in the 3rd. )
Each period had lasted (1/2 the time of the previous similar period either bear or pull)
The maximum period was 5 years and the shortest is 10 weeks from today
The closing above 9400 in 8-10 weeks is very positive for targets at 12000 and 15000 points.
Investment wise, the Saudi Tadawul market is net long over the short and medium term or until major event happens.
Share your thoughts
we will go over interesting charts behind this pull structure in the market index. Share your favourite.
Best,
