(powernews.org) - The Tuesday market opened a little up, but snapped out of a continued upside correction really quickly as there was no good enough reason to move in that direction. A Norwegian trader argued for the end of the correction trend today, as the fundamental situation supports many other signals in the market at the moment, and the long downtrend seems content with testing NOK 136.
According to an international trader, many players have been piling up to sell lately, and today they did.Enough correctionsThe correction witnessed the last few trading days were possibly put to an end this morning, a Norwegian trader said today. He argued that we still could be seeing a couple of NOKs traded on the upside, but added that maybe enough is enough
Dienstag, 19.02.2002, 12:13 Uhr
Sara Fagernes
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