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Commentary

Market - Possible trend change

The market opened further down this morning with most contracts settling 2-4 NOKs below yesterday’s closing levels. A Swedish trader believed today’s drop is a natural correction before the market starts heading north again, while a Norwegian producer was more bearish.
Some players obviously decided to get out of their positions after the strong Thursday system price of NOK/MWh 248.08 was presented yesterday. Consequently, the market traded down late in the afternoon with the forwards closing at their lowest level this week. These movements continued this morning seeing V2-03 dropping a further NOK 3.75 to last trade at NOK 244.25.A Swedish trader argu
Donnerstag, 26.06.2003, 12:04 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Freitag, 27.06.2003, 11:57
Market - Quiet bull
Dry forecasts killed of suggestions of a trend change this morning lifting V2-03 back above NOK 250. But activity is low, and momentum weak suggesting that the market won’t lift much more this afternoon.
Energie & Management > Commentary - Market - Quiet bull
Freitag, 27.06.2003, 11:57
E&M  Commentary
Market - Quiet bull
Dry forecasts killed of suggestions of a trend change this morning lifting V2-03 back above NOK 250. But activity is low, and momentum weak suggesting that the market won’t lift much more this afternoon.
mehr
E&M  Commentary
Mittwoch, 25.06.2003, 11:48
Market - Bear? Not yet
Heavy rain yesterday and more bearish forecasts has not been enough to turn the bull market this morning. The V2-03 contract stays above NOK 250 in a market that is thin on liquidity.
Energie & Management > Commentary - Market - Bear? Not yet
Mittwoch, 25.06.2003, 11:48
E&M  Commentary
Market - Bear? Not yet
Heavy rain yesterday and more bearish forecasts has not been enough to turn the bull market this morning. The V2-03 contract stays above NOK 250 in a market that is thin on liquidity.
Energie & Management > Commentary - Market - Possible trend change
zurück
Commentary
Market - Possible trend change
The market opened further down this morning with most contracts settling 2-4 NOKs below yesterday’s closing levels. A Swedish trader believed today’s drop is a natural correction before the market starts heading north again, while a Norwegian producer was more bearish.
Some players obviously decided to get out of their positions after the strong Thursday system price of NOK/MWh 248.08 was presented yesterday. Consequently, the market traded down late in the afternoon with the forwards closing at their lowest level this week. These movements continued this morning seeing V2-03 dropping a further NOK 3.75 to last trade at NOK 244.25.A Swedish trader argu
Donnerstag, 26.06.2003, 12:04 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Freitag, 27.06.2003, 11:57
Market - Quiet bull
Dry forecasts killed of suggestions of a trend change this morning lifting V2-03 back above NOK 250. But activity is low, and momentum weak suggesting that the market won’t lift much more this afternoon.
Energie & Management > Commentary - Market - Quiet bull
Freitag, 27.06.2003, 11:57
E&M  Commentary
Market - Quiet bull
Dry forecasts killed of suggestions of a trend change this morning lifting V2-03 back above NOK 250. But activity is low, and momentum weak suggesting that the market won’t lift much more this afternoon.
mehr
E&M  Commentary
Mittwoch, 25.06.2003, 11:48
Market - Bear? Not yet
Heavy rain yesterday and more bearish forecasts has not been enough to turn the bull market this morning. The V2-03 contract stays above NOK 250 in a market that is thin on liquidity.
Energie & Management > Commentary - Market - Bear? Not yet
Mittwoch, 25.06.2003, 11:48
E&M  Commentary
Market - Bear? Not yet
Heavy rain yesterday and more bearish forecasts has not been enough to turn the bull market this morning. The V2-03 contract stays above NOK 250 in a market that is thin on liquidity.

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