Expected Upcoming Drop on the Swiss 20 Index

The Swiss index is still moving within an overall upward trend.

We previously predicted the continuation of the rise and identified

 strong buying demand zones, which the index approached very closely.

However, these zones were only slightly exceeded, and the index did indeed rise.

Currently, the index is approaching significant selling pressure zones, 

considered the most important and strongest selling pressure zones on the index.

We expect to see some corrections from these zones,

especially since signs of weakness in the upward trend have already begun to appear on the index.

Expected Targets

If the index continues to rise and reaches the selling pressure zones

shown on the chart, which are located at the 13032 level,

then a drop to targets at 12900 and 12700 is expected.

However, if the upward trend continues and the index 

breaks through the selling pressure zones and closes above them,

then we expect to see a rise to the 13500 level.