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TECHS:(H9) 200-dma the Key After breaking......>

BTPS
BTPS: TECHS:(H9) 200-dma the Key
After breaking above the 200-dma at the end of 2018, Thursday saw BTP futures
reverse course as a risk-off sentiment engulfed the market. The outlook remains
bullish but is starting to turn more neutral now and we need to close below the
21-dma for the H9 contract at 125.61 to move consolidate a more neutral outlook.
A move below the Dec 18 low at 124.57 is needed to shift the outlook bearish. To
return to a more bullish outlook we need to move back above the 200-dma bringing
the July 19 high at 129.97 on the continuation chart into focus.

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