SSMI
Long SSMI at 8,511.00; TP @ 8681.22, SL your choiceLong SSMI at 8,511.00; TP @ 8681.22, SL your choice
SSMI (Swiss Market Index) LONG setup (H1/H4)Hi, traders!
Swiss Market Index* INDEX:SSMI formed the bullish wave and appears to be ready for take off to point 6.
This potential move is being supported by RSI divergence as well as significant volume at point 5 (unfortunately not available here, but I can see it in my terminal).
It is also worth noting that internal structure of the wave is being enhanced by already completed minor bearish yellow WW.
Good luck and profitable week!
$SSMI leading $XAGUSDFor some reason, the Swiss index constantly leads silver. No idea why, but it's tradable.
SSMI - SWISS MARKET INDEX: EXPECTING A BIG DROPSSMI is in a corrective phase. I'm expecting a possible completion of this expanding structure for a strong move to the downside. A strong breakout of this structure to the upside invalidates the setup.
