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Based on the technical data of the quarterly frame of the TASI index shown before us, we note that the current area forms a cumulative price movement!

The logical question here is: Will this move propel the index to higher levels? Based on chart reading and price action, the probability of this happening is low; while a move up could happen, it is still the weakest possibility… as this move indicates an intense battle between buying and selling forces as well as a price equilibrium phase.
Additionally, bottom quarter demand acts like a magnet. There, the purchasing power is waiting, waiting for opportunity. Will the index move according to these magnetic forces? The answer is: yes, it is very possible. Considering that the current cumulative area will not pose a major obstacle to the index’s future rebound.

**Where is the index expected to rebound? **

Key areas of need have been carefully identified (blue rectangles):
* **First Zone:** When the indicator reaches this zone, the probability of its upward rebound is considered **strong**.
* **The second zone:** represents a greater depth, and when the indicator reaches it, the possibility of a rebound becomes **very strong**.

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**Disclaimer:** This analysis is purely educational in nature, based on reading price movements and supply and demand areas, and is in no way considered financial advice.

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