
Predicting the next movement on the Swiss20 index.
The Swiss20 index began to rebound before touching
the supply zones we had previously noted.
We warned about this a few pips before it touched them.
Currently, on the four-hour timeframe, it is moving in a sideways direction,
bounded between the daily and four-hour timeframe supply zones,
and between the four-hour timeframe demand zones, as shown on the chart.
Currently, the index has begun to rebound from the four-hour timeframe demand zones.
We are expected to see a rise to the supply zones above
if the sideways movement continues. However, if the demand zones are broken,
on the four-hour timeframe, which are located at the 12015 level,
we may see a decline in the index, which is more likely now,
given that the index has reached
the daily supply zones, as mentioned above.