tasi road map 2030 road map to tasi the 5th leg will target the the hisorical high a good opportunity to long
TASI trade ideas
TASI dumping to 8k rangeOur loving but always dropping TASI will continue down to 8400-8800 for several reasons.
1- The macro market. (Mainly)
2- It's broken down a major and well-defined trendline since 2008 and shows signs of rejection. Bears are in control at this point in time.
3- All major long term fib lines align at this point.
4- An order block (weekly) that followed the recovery of the market after the COVID crash was formed but was never retested as of yet.
Should the macro market continue to deteriorate, there is a major trendline at the 7000 range to hold us up. Breaking any further than than, let's say to the 5600-6000 range, is a fire sale 🔥 🔥
Well that's most of the bad news. There will be good trading days that will follow. Just stay focused on growing your capital legends. So when the bottom of the market truly arrives, we will have the power to invest for the long term. Take care.
TASI next 2 weeks This scenario is expected in the next 2 weeks BUT most markets are down which might put some pressure on TASI.
TASI The market opens green, we will see the market recover a bit, then we will see new levels, see the chart
Bears are controlling the trendThe chart shows the uptrend starting date and shows that the bears are controlling the market with final expected target for the bears @ 8550.
Tadawul All Share Index (TASI) look for coming weeksTadawul All Share Index (TASI) at a crossroads:
1- rise to nearly 12000
2- down to 9500 level
Seasonals on TASICyclic Analysis:
2002-2022- November's cndle is red 11x.
8 out of 11 times, the month of
december showed green candle (Bullish)
Others supporting Bullish reversal:
1- double bottom candle formation
2- formation of HL at strong support
TasiPossible expectation of a TASI correction during the coming period... In general, the upcoming bullish wave is a correction wave..
TASI Tadawul All Shares Index
Since Covid Bottom Level, market has taken 135% Bullish Rally until May 2022.
It has taken correction up to 22%.
It may retrace from any fib level.
H&S formation is complete and correction may lead to it's target.
However, a strong horizontal support will be help retracement.
tasi is on the way for the harmonic and Elliot targets lets follow Saudi markets, its going south for the time being
I will update them regularly
Tasi may fluctuate at the point highlightedSaudi stock holders beware of this zone. The price may show some fluctuations.
CryptoPoints For TASIthis is the trail version Review of CryptoPoints ForTASI , Which is the Forecasting for the trend of TASI
TASI to 9000 levels head and shoulder pattern
Lower high + lower low
the price cannot exceed 50% fibo off 2 waves (one form peak to 11100 levels and other one from the LH to LL
Which lead us to 9000 levels
*scenario fails if we can exceed 12525 with high volume
TASI went up the necklineTASI bearish wave has gone further than I expected and formed the top H&Ss. I has however gone up the neckline, which is reassuring that it is not responding to the negative H&SS. Maybe TASI has gone back to the safe zone to filled up the gap only. Staying above the thick RED support line is considered good for those who take long position. If TASI goes below the red line (neckline of Top H&Ss), then be cautious..
TASSITechnically cold TASSI go up to 11805.707 but world economy fear cold say to me (in your best dream)
TASSITow trends lines crossed get red candle with good gap above it ... i just want to find out when is it stop drooping down ?
1: to 11406.134 her when sell on
2: to 9765.032 Her when sell off
TASSI
TASSI S.S.MFinding historical trend lines exposed buy candles gap in hours or (days candle) usually in TASI draw by top or bottoms which approved by times will give us curves (circle center) to sell with buy points on every historical trends lines .
(circle center usually downier of upper fast trend or midleg of it .
TASI time to buyafter we have had a continuation pattern Bullish Flag and a Divergence at the Rsi level we can take the buy position
Tasi must close above the thick brown nick line. TASI must close above that brown line otherwise it is going very bearish, and may reach lower levels to continue its rally. today is critical because it is the weekly close and must once again close above 11.880.
