The 50-day Moving Average (50MA) is approaching the 200-day Moving Average for SICOM TSR20 First Position (P1, currently August 2023 expiry) contracts. If the 50MA crosses below the 200MA, a longer-term downward price trend is expected in the next few months.
What is covered in the Full Insight:
Introduction
Moving Averages
Differentials
Margins
Spreads
SUMMARY
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