Analyzing the Swiss Swiss20 Index and expected buying zones

Best Buying Zones for the Swiss Swiss 20 Index

 

The Swiss index is moving in an overall upward trend on the daily timeframe.

The index is currently attempting a correction as part of a profit-taking move.

We expect to see the index continue its decline in the medium term,

reaching the buy demand zones identified on the chart.

 

Expected Targets


If the decline continues and reaches the buy demand zones

located at the 12386 level,

then a rise is expected from there to the targets identified on the chart,

located at the 12570 and 12800 levels, respectively.

The identified zones are considered among the best buying zones and are consistent with

the overall upward trend of the index.

The analysis will be invalidated if the buy demand zones 

and the upward trend are broken and the price closes below them.