Today we will analyze the index Swiss Market Switzerland (SSMI) for internet stock trading in the INDICES stock market,
Stock Technical indicators to notice in Swiss Market Switzerland (SSMI)
1- Last bearish trend was from 8,486.40 $ (1/21/2014) to 8,092.50 $ (2/4/2014) a 393.90 $ move 2- The current bullish trend started from 8,092.50 $ at 2/4/2014 and is currently trading at 8,367.60 $.
3- SSMI current support level is at 8,335.93 which is the 61.80 % fibonacci retracement of the last 393.90 $ move.
4- SSMI current resistance level is at 8,486.40 which is the 100.00 % fibonacci retracement of the last 393.90 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Swiss Market Switzerland (SSMI) Short term stock chart patterns for internet stock trading :

6- The Index was supported by a support line, identified by two points: 8,092.500 and 7,828.900, and is currently supporting at 8,290.200.
Swiss Market Switzerland (SSMI) Mid term stock chart patterns for internet stock trading :

7- The Index formed a 1,158.100 $ height triangle which was broken up at 8,445.200, target of the pattern is 9,603.300.
Swiss Market Switzerland (SSMI) Long term stock chart patterns for internet stock trading :

8- The Index was supported by a support line, identified by two points: 7,249.500 and 5,713.300, and is currently supporting at 8,266.104.

Stock Trading Conclusion:
Swiss Market Switzerland (SSMI) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 8,486.40, 8,593.54, 8,729.83, 9,603.30.
Stock Support levels : 8,335.93, 8,318.47, 8,302.68, 8,290.20, 8,289.45, 8,266.10, 8,262.51, 8,242.97, 8,230.05, 8,197.59, 8,185.46, 8,092.50,.