TASI bullish trend

The Tadawul All Shares Index (TASI) concluded its most recent trading session at 11,082, reflecting a positive gain of 59 points. Notably, the index has surpassed its previous resistance level of 10,987, which has now transitioned into a crucial support level. The subsequent resistance level is anticipated to manifest around 11,198. Current market patterns imply a potential upward momentum, contingent upon the index maintaining its support level at 10,987. This sentiment is reinforced by the parabolic SAR, which signals an upward trend in the market.

Market Summery
Close: 11,082
Change: +59
Volume(mln): 239
RSI: 63
High: 11,082
Low: 11,002

Pivots
R-3: 11,122
R-2: 11,055
R-1: 10,948
PP: 10,881
S-1: 10,774
S-2: 10,707
S-3: 10,600