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Energie & Management > Commentary - Market - Springy, back and sideways
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Commentary

Market - Springy, back and sideways

The Tuesday morning market was up several NOK, but without great changes in the weather outlooks prices pulled down during the forenoon session. A Norwegian player argued that in the short term the autumn contract has a potential to be lifted again. Another player agreed, and said that all indications right now are pointing up, but at the same time found it interesting that V2-03 was rejected on the upside this morning.
The morning started off a little springy, turned around and flattened out, seeing that there was little new input to lift prices further. It was on the cards yesterday, one of the players argued, that the autumn contract would attempt to test the 350 level today. - All indications right now are pointing up, but this morning a breakthrough was rejected. Some players seem a little impatien
Dienstag, 12.08.2003, 11:28 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
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E&M  Commentary
Mittwoch, 13.08.2003, 14:47
Market - Killer bear?
The Wednesday market was all bearish, seeing wetter weather outlooks for the period ahead, the system price weakening and that Europe is cooling down. V2-03 traded through the strong 321-support level, and with a close in the 317-area today, tomorrow is set for more downside. A Norwegian trader characterized the 320-level as “interesting.”
Energie & Management > Commentary - Market - Killer bear?
Mittwoch, 13.08.2003, 14:47
E&M  Commentary
Market - Killer bear?
The Wednesday market was all bearish, seeing wetter weather outlooks for the period ahead, the system price weakening and that Europe is cooling down. V2-03 traded through the strong 321-support level, and with a close in the 317-area today, tomorrow is set for more downside. A Norwegian trader characterized the 320-level as “interesting.”
mehr
E&M  Commentary
Montag, 11.08.2003, 11:21
Market - Resting bull
Prices lifted significantly this morning, but turnover was extremely low, as players were wondering what a correct price level actually is, a Swedish trader said. An international trader believed the market was looking to the Continent, seeing heatwave prices linger, and that the high pressure returns after this week’s low.
Energie & Management > Commentary - Market - Resting bull
Montag, 11.08.2003, 11:21
E&M  Commentary
Market - Resting bull
Prices lifted significantly this morning, but turnover was extremely low, as players were wondering what a correct price level actually is, a Swedish trader said. An international trader believed the market was looking to the Continent, seeing heatwave prices linger, and that the high pressure returns after this week’s low.
Energie & Management > Commentary - Market - Springy, back and sideways
zurück
Commentary
Market - Springy, back and sideways
The Tuesday morning market was up several NOK, but without great changes in the weather outlooks prices pulled down during the forenoon session. A Norwegian player argued that in the short term the autumn contract has a potential to be lifted again. Another player agreed, and said that all indications right now are pointing up, but at the same time found it interesting that V2-03 was rejected on the upside this morning.
The morning started off a little springy, turned around and flattened out, seeing that there was little new input to lift prices further. It was on the cards yesterday, one of the players argued, that the autumn contract would attempt to test the 350 level today. - All indications right now are pointing up, but this morning a breakthrough was rejected. Some players seem a little impatien
Dienstag, 12.08.2003, 11:28 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Mittwoch, 13.08.2003, 14:47
Market - Killer bear?
The Wednesday market was all bearish, seeing wetter weather outlooks for the period ahead, the system price weakening and that Europe is cooling down. V2-03 traded through the strong 321-support level, and with a close in the 317-area today, tomorrow is set for more downside. A Norwegian trader characterized the 320-level as “interesting.”
Energie & Management > Commentary - Market - Killer bear?
Mittwoch, 13.08.2003, 14:47
E&M  Commentary
Market - Killer bear?
The Wednesday market was all bearish, seeing wetter weather outlooks for the period ahead, the system price weakening and that Europe is cooling down. V2-03 traded through the strong 321-support level, and with a close in the 317-area today, tomorrow is set for more downside. A Norwegian trader characterized the 320-level as “interesting.”
mehr
E&M  Commentary
Montag, 11.08.2003, 11:21
Market - Resting bull
Prices lifted significantly this morning, but turnover was extremely low, as players were wondering what a correct price level actually is, a Swedish trader said. An international trader believed the market was looking to the Continent, seeing heatwave prices linger, and that the high pressure returns after this week’s low.
Energie & Management > Commentary - Market - Resting bull
Montag, 11.08.2003, 11:21
E&M  Commentary
Market - Resting bull
Prices lifted significantly this morning, but turnover was extremely low, as players were wondering what a correct price level actually is, a Swedish trader said. An international trader believed the market was looking to the Continent, seeing heatwave prices linger, and that the high pressure returns after this week’s low.

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