Khiwe

SMI Bearish Forecast

Short
SIX:SMI   Swiss Market Index
SMI has a bias of 1000.00 but there is a support area 10258.08 to note.

But zone 10200.00 has potential to bring price further down.

The RSI 42.36 for the 57.79 Cross, suggest 10500.00 to be the active supply zone . Alright then that's it for now, we have done some set-ups, let's see how they do.

Many Pips to you, -all the best.

K.

At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
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