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Marktkommentar Nordic

Market - Approaching significant resistance levels

The market sentiment remains bullish on Tuesday with most contracts gaining another 1-2 NOK/MWh. Fundamentally there are few incentives to turn the trend, although technically the Winter2 benchmark is approaching some significant resistance levels.
An international trader powernews.org spoke to this morning said only some dramatic changes to the fundamental situation could alter the strong bull trend.- Producers have played their cards cleverly, and of course been lucky as the hydrological situation has tightened, and are now in a full control. There are high pressures as far as the eye can see, prices on the continent are high, an
Dienstag, 20.08.2002, 11:57 Uhr
Olav Vilnes
© 2024 Energie & Management GmbH
Olav Vilnes
Olav Vilnes
Mehr zum Thema
mehr
E&M  Marktkommentar Nordic
Mittwoch, 21.08.2002, 12:08
Market - No limits, or in for a correction?
The market opened up another level this morning on even drier forecast than yesterday, and the Winter2 contract is now testing the strong technical resistance levels of NOK 176.25 and NOK 177. A Swedish trader argued it is time for caution now while a Norwegian trader said the potential upside is still huge pointing to the tight resource situation.
Energie & Management > Marktkommentar Nordic - Market - No limits, or in for a correction?
Mittwoch, 21.08.2002, 12:08
E&M  Marktkommentar Nordic
Market - No limits, or in for a correction?
The market opened up another level this morning on even drier forecast than yesterday, and the Winter2 contract is now testing the strong technical resistance levels of NOK 176.25 and NOK 177. A Swedish trader argued it is time for caution now while a Norwegian trader said the potential upside is still huge pointing to the tight resource situation.
mehr
E&M  Marktkommentar Nordic
Montag, 19.08.2002, 11:57
Market - Dry forecasts, Winter2 climbing above NOK 172
Dry forecasts contribute to lift the market further north on Monday, and most contracts opened comfortably above Friday levels. The Winter2 contract is expected to test the resistance level of NOK 176-177 this week, one Swedish trader believes.
Energie & Management > Marktkommentar Nordic - Market - Dry forecasts, Winter2 climbing above NOK 172
Montag, 19.08.2002, 11:57
E&M  Marktkommentar Nordic
Market - Dry forecasts, Winter2 climbing above NOK 172
Dry forecasts contribute to lift the market further north on Monday, and most contracts opened comfortably above Friday levels. The Winter2 contract is expected to test the resistance level of NOK 176-177 this week, one Swedish trader believes.
Energie & Management > Marktkommentar Nordic - Market - Approaching significant resistance levels
zurück
Marktkommentar Nordic
Market - Approaching significant resistance levels
The market sentiment remains bullish on Tuesday with most contracts gaining another 1-2 NOK/MWh. Fundamentally there are few incentives to turn the trend, although technically the Winter2 benchmark is approaching some significant resistance levels.
An international trader powernews.org spoke to this morning said only some dramatic changes to the fundamental situation could alter the strong bull trend.- Producers have played their cards cleverly, and of course been lucky as the hydrological situation has tightened, and are now in a full control. There are high pressures as far as the eye can see, prices on the continent are high, an
Dienstag, 20.08.2002, 11:57 Uhr
Olav Vilnes
© 2024 Energie & Management GmbH
Olav Vilnes
Olav Vilnes
Mehr zum Thema
mehr
E&M  Marktkommentar Nordic
Mittwoch, 21.08.2002, 12:08
Market - No limits, or in for a correction?
The market opened up another level this morning on even drier forecast than yesterday, and the Winter2 contract is now testing the strong technical resistance levels of NOK 176.25 and NOK 177. A Swedish trader argued it is time for caution now while a Norwegian trader said the potential upside is still huge pointing to the tight resource situation.
Energie & Management > Marktkommentar Nordic - Market - No limits, or in for a correction?
Mittwoch, 21.08.2002, 12:08
E&M  Marktkommentar Nordic
Market - No limits, or in for a correction?
The market opened up another level this morning on even drier forecast than yesterday, and the Winter2 contract is now testing the strong technical resistance levels of NOK 176.25 and NOK 177. A Swedish trader argued it is time for caution now while a Norwegian trader said the potential upside is still huge pointing to the tight resource situation.
mehr
E&M  Marktkommentar Nordic
Montag, 19.08.2002, 11:57
Market - Dry forecasts, Winter2 climbing above NOK 172
Dry forecasts contribute to lift the market further north on Monday, and most contracts opened comfortably above Friday levels. The Winter2 contract is expected to test the resistance level of NOK 176-177 this week, one Swedish trader believes.
Energie & Management > Marktkommentar Nordic - Market - Dry forecasts, Winter2 climbing above NOK 172
Montag, 19.08.2002, 11:57
E&M  Marktkommentar Nordic
Market - Dry forecasts, Winter2 climbing above NOK 172
Dry forecasts contribute to lift the market further north on Monday, and most contracts opened comfortably above Friday levels. The Winter2 contract is expected to test the resistance level of NOK 176-177 this week, one Swedish trader believes.

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