Tadawul All Shares Index TADAWUL:​TASI

One market that has quietly, but powerfully, performed well for 2019 year-to-date has been Saudia Arabia's Tadawul All Shares Index , up 13.82% as of April 3rd 2018. On a macro level, the country has been buoyed by a resurgence in the price of oil , coupled with the "Risk On" feel supporting the markets since January 2019. More interestingly, on a domestic...

Saudi stock market in down trend since 2006 and seems to be very poor market ad dangerous for investors

tasi daily chart

Thing are going worse, after the balance sheets are announce for 2018. sky diving on the way for all markets,,,,,,,

2 important support

The bubble since 2006 is in the process of correction> Expected to break the historical trend after a sid trak> The wolfe waves target is still standing..

SUPPLY ANA DEMAND ZONE TASI

supply zone 8,000 to 8,500

I think the market it's down until the demand zone ( the blow area )

Tadawul All Share (TASI) Mn: bullish consolidation Wk : down trend D1 : up trend