The Swiss Index Swiss20 and the expected movement

Expected scenarios for the Swiss 20 index.
 

The Swiss 20 index is moving within a consolidation range with an upward bias.

If the index continues to rise, it will head towards supply zones,

located at 12582 on the daily frame,

which are considered one of the most important selling areas for the index.

If the index rises towards the supply zones, a decline is expected from these areas,

to targets set at 12430 and 12250, respectively.

If the index breaks and closes above the specified supply zones,

specifically, the 12751 level, the upward trend is expected to continue,

reaching the next supply zones at 12978,

which are considered the strongest selling areas for the index,

 and from there, a further decline is expected.