Elliott Wave Analysis of Saudi Arabia’s TASI Index

Saudi Arabia’s TASI indexMy last Elliott Wave analysis of Saudi Arabia’s TASI index was back in July 2011, and a lot has happened since then. The index has powered ahead from a low of 5795 posted in August 2011 to the current level of 6780, a handsome 17% gain....

Saudi Index leaves Investors Shell Shocked

The Saudi markets have lost more than half its value since the beginning of the year. How much more pain can they bear? Looks like there is scope to fall by at least another 12%. Check out this chart.