Swiss index Bearish With High Probability!Hello ladies and gentlemen,
according to my chart analysis of the index swiss, there is a high probability of a decline towards the $7800 level in the next few weeks!
Switzerland SMI Futures : Long ==> + % 3.05 Hi.
Reference Length = 337 bars (56 1D Bars)
Percentage change of Stock Market Terminal in the process of 337 bars:
Parameters
Position Size : %1 (0.01)
Leverage : 50x
Risk/Reward Ratio : 3.00
Stop-Loss : 10019
Goal : 10430
Regards.
FSMI Short. The 44 period MA is virtually flat, signalling a pullback.
All the technical indicators in the lower pane are also pointing towards a significant decline on multiple timeframes.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
Track more important stats on the SMI Futures chart.
The nearest expiration date for SMI Futures is Dec 17, 2027.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell SMI Futures before Dec 17, 2027.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For SMI Futures this number is 0.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for SMI Futures shows that traders are closing their positions, which means a weakening trend.