Previous Update
https://www.tradingview.com/chart/ASI/QrjjbUX0-ASI-CSE/
The market reached the target outlined in our previous update and decisively broke through the resistance line previously marked in amber—now reclassified as green 'D'.
Since 09/10, the market experienced a pullback, with selling pressure continuing through the morning session today. However, by mid-day, buying momentum returned, pushing the index back above the 'D' line by close.
Going forward, 'D' will serve as the decision line.
Expectations
1. Positive Continuation
While the ASI remains above 'D', we anticipate the upward trend to continue.
2. Sideways Consolidation
A close below 'D', while holding the psychological 22,000 support, may signal a sideways
market.
3. Pullback Risk
A breakdown below both 'D' and 22,000 could trigger a pullback toward the Green Triangle
zone.
Budget 2026
The Budget Speech for the 2026 Appreciation Bill is scheduled for November 7th, 2025. Historically, markets tend to slow down as budget announcements approach, reflecting cautious sentiment.
https://www.tradingview.com/chart/ASI/QrjjbUX0-ASI-CSE/
The market reached the target outlined in our previous update and decisively broke through the resistance line previously marked in amber—now reclassified as green 'D'.
Since 09/10, the market experienced a pullback, with selling pressure continuing through the morning session today. However, by mid-day, buying momentum returned, pushing the index back above the 'D' line by close.
Going forward, 'D' will serve as the decision line.
Expectations
1. Positive Continuation
While the ASI remains above 'D', we anticipate the upward trend to continue.
2. Sideways Consolidation
A close below 'D', while holding the psychological 22,000 support, may signal a sideways
market.
3. Pullback Risk
A breakdown below both 'D' and 22,000 could trigger a pullback toward the Green Triangle
zone.
Budget 2026
The Budget Speech for the 2026 Appreciation Bill is scheduled for November 7th, 2025. Historically, markets tend to slow down as budget announcements approach, reflecting cautious sentiment.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.