TASI is currently in the 11,000 range, there are historical patterns and fundamental economic drivers that incline towards a potential next rally that could set a new All-Time High.
Key Catalysts
Robust Government Spending
Kingdom's continued robust spending not only on mega-project is a key driver for economic growth
Non-Oil Sector Growth and Diversification
Continued growth in the non-oil sector and the Kingdom's diversification plans are vital for long-term sustainable growth, Kingdom is pouring significant resources into a range of cutting-edge technologies, (AI, Digital Infrastructure and Cloud Computing, Renewal Energy, EVs, Gaming and Entertainment.
Geopolitical Stability
Recent signs of easing geopolitical situation will strengthen investor confidence and lower further risks to market.
Technical Setups and Historical Data
On the charts, TASI shows possible upside trend based on historical and cyclic behavior, sooner breakout above 13000 will lead to all new ATH
Key Catalysts
Robust Government Spending
Kingdom's continued robust spending not only on mega-project is a key driver for economic growth
Non-Oil Sector Growth and Diversification
Continued growth in the non-oil sector and the Kingdom's diversification plans are vital for long-term sustainable growth, Kingdom is pouring significant resources into a range of cutting-edge technologies, (AI, Digital Infrastructure and Cloud Computing, Renewal Energy, EVs, Gaming and Entertainment.
Geopolitical Stability
Recent signs of easing geopolitical situation will strengthen investor confidence and lower further risks to market.
Technical Setups and Historical Data
On the charts, TASI shows possible upside trend based on historical and cyclic behavior, sooner breakout above 13000 will lead to all new ATH
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.