Expected Next Move for the Swiss Index with a Buying Opportunity Soon

The Swiss 20 index continues its strong upward trend, having broken through the corrective trendline on the daily timeframe and established strong buying zones on both the daily and 4-hour timeframes, as illustrated in the chart.

The outlook remains positive for the index's continued upward movement in the long term. Therefore, it is advisable to focus on buying opportunities during any corrective movements.

Expected Buying Zones

The 4-hour buying zones near 13198 and 13041 are considered the best expected buying areas, as they overlap with the daily buying zones.

If either of these zones is tested, we anticipate a rise to 13300, 13400, and 13500, respectively.

Another possible scenario is if the demand zones are completely broken, we may see a drop to the next zones near the 12521 levels, which are also strong zones, but this scenario is considered weak at the moment.