The sign belongs to the series of signs depicting outdoor sculptures throughout the city of Tel Aviv - Jaffa.
The sculpture on which the sign is pointing was photographed that day (in the background are the Habima National Theater and the Heichal HaTarbut [Culture Hall]) Click for a larger image
About the Artist: Menashe Kadishman - Born in Tel Aviv, Israel (1932-2015), a well-known painter and sculptor, was awarded the Israel Prize for Sculpture in 1995. As a painter, he is best known for the paintings of sheep found in many of his works and originating from the fact that in his youth he was a shepherd.
About the Sculpture : The sculpture consists of three steel circles placed one above the other, giving a sense of leap and uplift.