(powernews.org) - As players elegantly attempted to cut through the NOK 129.75 support level of Summer02 this morning, the endeavour was too abrupt and support here seems strong. With weather prognoses forecasting both precipitation and more moderate temperatures, disagreement between the nearest weeks and the forward contracts were also noticeable this morning.
A Swedish trader spoke in favour of the downtrend today, at the same time as he pointed towards a market showing signs of being somewhat nervous. Player centred, southern trendingThe morning down in the forwards is applied to a player centred market, and not necessarily to weather prognoses ahead, a Swedish trader told us today. He argued in
Mittwoch, 20.02.2002, 12:10 Uhr
Sara Fagernes
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