TASI Chart Analysis (Saudi Stock Market Index) - MarketsToday.net
Chart analysis of the Tadawul All Share TASI Index-potential support zones, as the market weakens.
In addition to falling below the swing low support, Monday’s decline put the TASI clearly below its 20-day exponential moving average (ema) on a daily closing basis for the first time since July 1st. Together, these two signals point to a deeper pull back. Let’s look at several potential support zones. Each is noted by the shaded area in the enclosed daily chart."
Recorded during trading session.