Tadawul All Share Index is building a bullish correction that could be still estimated as the 4th correction wave on a 3-hour chart. If this move becomes stronger we will witness the new 1st wave up supported by an older 12-hour time frame. In the mean time the bullish correction has an enclosed 3-wave structure of a 15-minute time frame.

tasi-3-hour-chart-2016-09-05

tasi-15-minute-chart-2016-09-05

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