Tuesday, 1 January 2019

SMI Index (Switzerland)

Weekly and Daily charts of the SMI produce positive RSI divergence.



From 2017 the weight of any constituent in the SMI index can no longer exceed 18% which is affecting 3 of them.
Primary wave [2] is indicated as concluded following its occupancy during 2018.


When wave [2] is aligned with Fib 1.0 and Fib 0.236 the component waves show their relationships..

Standard EW

OEW=EW

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