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Energie & Management > Marktkommentar Nordic - Market - No limits, or in for a correction?
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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.
It has been another morning of high liquidity at Nord Pool, and most of the arrows are once again pointing north. Suggestions of low pressures reaching western Scandinavia next week have disappeared from the weather forecasts, and this has strengthened the bull trend. The Winter2 contract opened at NOK 176, but has yet to seriously threaten the resistance levels of NOK 176.25 and NOK 177
Mittwoch, 21.08.2002, 12:08 Uhr
Olav Vilnes
© 2024 Energie & Management GmbH
Olav Vilnes
Olav Vilnes
Mehr zum Thema
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E&M  Marktkommentar Nordic
Donnerstag, 22.08.2002, 12:18
Market - Day of correction
Activity has been very high in the market on Thursday with a turnover of over 5,000GWh before noon. Prices opened down from yesterday and market players powernews.org has been in contact with consider today’s movements to be a correction to the long-lasting uptrend, and a response to wetter forecasts for next week.
Energie & Management > Marktkommentar Nordic - Market - Day of correction
Donnerstag, 22.08.2002, 12:18
E&M  Marktkommentar Nordic
Market - Day of correction
Activity has been very high in the market on Thursday with a turnover of over 5,000GWh before noon. Prices opened down from yesterday and market players powernews.org has been in contact with consider today’s movements to be a correction to the long-lasting uptrend, and a response to wetter forecasts for next week.
mehr
E&M  Marktkommentar Nordic
Dienstag, 20.08.2002, 11:57
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.
Energie & Management > Marktkommentar Nordic - Market - Approaching significant resistance levels
Dienstag, 20.08.2002, 11:57
E&M  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.
Energie & Management > Marktkommentar Nordic - Market - No limits, or in for a correction?
zurück
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.
It has been another morning of high liquidity at Nord Pool, and most of the arrows are once again pointing north. Suggestions of low pressures reaching western Scandinavia next week have disappeared from the weather forecasts, and this has strengthened the bull trend. The Winter2 contract opened at NOK 176, but has yet to seriously threaten the resistance levels of NOK 176.25 and NOK 177
Mittwoch, 21.08.2002, 12:08 Uhr
Olav Vilnes
© 2024 Energie & Management GmbH
Olav Vilnes
Olav Vilnes
Mehr zum Thema
mehr
E&M  Marktkommentar Nordic
Donnerstag, 22.08.2002, 12:18
Market - Day of correction
Activity has been very high in the market on Thursday with a turnover of over 5,000GWh before noon. Prices opened down from yesterday and market players powernews.org has been in contact with consider today’s movements to be a correction to the long-lasting uptrend, and a response to wetter forecasts for next week.
Energie & Management > Marktkommentar Nordic - Market - Day of correction
Donnerstag, 22.08.2002, 12:18
E&M  Marktkommentar Nordic
Market - Day of correction
Activity has been very high in the market on Thursday with a turnover of over 5,000GWh before noon. Prices opened down from yesterday and market players powernews.org has been in contact with consider today’s movements to be a correction to the long-lasting uptrend, and a response to wetter forecasts for next week.
mehr
E&M  Marktkommentar Nordic
Dienstag, 20.08.2002, 11:57
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.
Energie & Management > Marktkommentar Nordic - Market - Approaching significant resistance levels
Dienstag, 20.08.2002, 11:57
E&M  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.

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