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Oliver-Basel
Jul 16, 2020 8:25 PM

Swiss Performance Index Long

Swiss Performance Index SPI® Total ReturnSIX

Description

Daily Chart on the left side
  • After the drop it had nice recovery, followed by a sideward movement which the index left in the last days
  • Passed through the resistance at 12’556.21 (horizontal line) and at 12’572.12 (76.4% Fibonacci Retracement)
  • Golden Cross a few days ago

    Weekly Chart on the right side
  • Uptrend since a few weeks
  • 50 MA turned back upward

    It looks as if it will soon reach its high of 17 February.
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