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 bullish trend was from 6,047.50 $ (3/6/2012) to 6,341.30 $ (3/16/2012) a 293.80 $ move 2- The current bearish trend started from 6,341.30 $ at 3/16/2012 and is currently trading at 5,936.10 $.
3- SSMI current support level is at 5,865.93 which is the 161.80 % fibonacci retracement of the last 293.80 $ move.
4- SSMI current resistance level is at 5,967.59 which is the 127.20 % fibonacci retracement of the last 293.80 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
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: 6,047.500 and 5,970.500 that was broken down at 6,114.800 transforming into a resistance line.
Swiss Market Switzerland (SSMI) Mid term stock chart patterns for internet stock trading :

7- The Index was supported by a support line, identified by two points: 5,357.000 and 5,143.000, and is currently supporting at 5,781.311.
Swiss Market Switzerland (SSMI) Long term stock chart patterns for internet stock trading :

8- The Index was resisted by a resistance line, identified by two points: 6,564.100 and 6,717.300 that was broken up at 6,153.300 transforming into a supporting line.

Stock Trading Conclusion:
Swiss Market Switzerland (SSMI) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 5,967.59, 6,031.73, 6,047.50, 6,090.89, 6,138.70, 6,159.73, 6,183.02, 6,186.51, 6,194.40, 6,229.07, 6,271.96, 6,341.30,.
Stock Support levels : 5,925.77, 5,865.93,.