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Energie & Management > Marktkommentar Nordic - Market - Peaceful in the bear pit
Marktkommentar Nordic

Market - Peaceful in the bear pit

After some brave attempts to lift the market on dry forecasts and a strong spot yesterday, the thin Friday morning market dropped on more normal weather outlooks. Players said today that they don’t expect much action in the weeks to come and do not necessarily see a big downside quite yet, but a breakthrough on the downside is what they see, eventually.
In the quiet morning market players continue to argue in favour of a downside, as the drier weather conditions will once more be followed by more precipitation. Modestly bearishA Norwegian player maintained his belief in a bear trend this morning, but at the same time saw the strength in the spot and support levels:- It has already p

Freitag, 12.07.2002, 13:08 Uhr
Sara Fagernes
Energie & Management > Marktkommentar Nordic - Market - Peaceful in the bear pit
Marktkommentar Nordic
Market - Peaceful in the bear pit
After some brave attempts to lift the market on dry forecasts and a strong spot yesterday, the thin Friday morning market dropped on more normal weather outlooks. Players said today that they don’t expect much action in the weeks to come and do not necessarily see a big downside quite yet, but a breakthrough on the downside is what they see, eventually.
In the quiet morning market players continue to argue in favour of a downside, as the drier weather conditions will once more be followed by more precipitation. Modestly bearishA Norwegian player maintained his belief in a bear trend this morning, but at the same time saw the strength in the spot and support levels:- It has already p

Freitag, 12.07.2002, 13:08 Uhr
Sara Fagernes

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