The Swiss stock market index is mirroring its global counterparts, such as Germany 40 and US100, experiencing a sharp decline following the announcement of new tariffs by the Trump administration yesterday.
In response, we placed a sell order at 12,350, aiming to profit from the prevailing risk-off sentiment. Investors are offloading stocks, shifting towards safe-haven assets due to increasing market uncertainty.
From a technical standpoint, a death cross has emerged—historically a strong bearish signal. Additionally, two consecutive Fibonacci retracement levels, which typically provide solid support, have failed to hold. Given this, we anticipate further downside toward the 61.8% Fibonacci retracement level, which often serves as final support.
Therefore, our take-profit (TP) is set at 12,000, aligning with this level. For risk management, we have a stop-loss (SL) positioned 2% above our entry price, ensuring a controlled risk-reward ratio.
With fundamentals and technicals aligned, we expect continued downward momentum in the Swiss stock market index in the short to mid-term.
In response, we placed a sell order at 12,350, aiming to profit from the prevailing risk-off sentiment. Investors are offloading stocks, shifting towards safe-haven assets due to increasing market uncertainty.
From a technical standpoint, a death cross has emerged—historically a strong bearish signal. Additionally, two consecutive Fibonacci retracement levels, which typically provide solid support, have failed to hold. Given this, we anticipate further downside toward the 61.8% Fibonacci retracement level, which often serves as final support.
Therefore, our take-profit (TP) is set at 12,000, aligning with this level. For risk management, we have a stop-loss (SL) positioned 2% above our entry price, ensuring a controlled risk-reward ratio.
With fundamentals and technicals aligned, we expect continued downward momentum in the Swiss stock market index in the short to mid-term.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.