Switzerland 20: A small to medium term bullish moveSwitzerland 20TRADENATION:SMIthesharkkeHello, The Switzerland 20, a key benchmark of the Swiss stock market, is showing signs of a potential bullish move, driven by technical patterns and macroeconomic resilience. As global markets navigate trade tensions and economic uncertainties, the Switzerland 20 appears to be forming a bullish flag pattern, with the MACD indicator signaling a possible bullish zero crossover. Despite recent headlines about trade disputes and dollar volatility, the strength of corporate earnings continues to underpin market stability, according to industry experts. Technical analysis of the Switzerland 20 suggests a potential upward move. The index is forming a bullish flag pattern, a continuation pattern that typically signals a pause in an uptrend before further gains. This pattern consists of a sharp upward move (the "flagpole") followed by a consolidation phase (the "flag"), indicating that buyers are gathering momentum for another push higher. Supporting this outlook, the Moving Average Convergence Divergence (MACD) indicator is approaching a bullish zero crossover. This occurs when the MACD line crosses above the signal line near the zero level, often signaling strengthening bullish momentum. These technical signals suggest that the Switzerland 20 could be gearing up for a breakout, appealing to traders looking for short-term opportunities. Despite recent headlines about escalating trade tensions, doubts about the U.S. dollar’s dominance, and warnings of systemic economic shifts, global financial markets, including the Switzerland 20, have remained remarkably resilient. Finn Øystein Bergh, chief economist and strategist at Pareto, attributes this stability to the enduring strength of corporate earnings. Bergh suggests that the full impact of protectionist policies, such as those emanating from Washington, may take years to materialize, allowing markets to focus on immediate fundamentals rather than speculative fears. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.