Selling Heats Up: TASI Heads Toward Next Support

TASI is under heavy selling pressure right now and has slipped below a key support level. Looking at the charts, the next potential support zone appears to be in the 11,600–11,700 range, where a trendline support also lines up.

With the bearish momentum likely to stick around this week, it’s probably a good idea to stay on the sidelines and avoid jumping into long positions—for now.