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Commentary

Nordic Market - Bigger correction

The weather outlooks pointed towards wetter conditions next week and the morning market corrected several NOK as a consequence. “It’s a fine correction that goes well with the uptrend,” a Norwegian trader stated.
The V2-04 and YR-05 contracts were met with support at 292.50 NOK/MWh and 261/261.25 NOK/MWh, respectively, this morning. The Norwegian trader considered that as it should be in the current uptrend. He nevertheless believed the market wasn’t set for much upside ahead.– With this morning’s wetter forecasts there was a slight tendency of panic that triggered stop losses,
Dienstag, 8.06.2004, 11:39 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Mittwoch, 9.06.2004, 11:44
Nordic Market - Down another level
As the low-pressure weather could be sticking around for a while, prices were taken nicely down another level this morning.
Energie & Management > Commentary - Nordic Market - Down another level
Mittwoch, 9.06.2004, 11:44
E&M  Commentary
Nordic Market - Down another level
As the low-pressure weather could be sticking around for a while, prices were taken nicely down another level this morning.
mehr
E&M  Commentary
Montag, 7.06.2004, 11:04
Nordic Market - Mini correction
The week opened slightly down as the weather outlooks had turned a little wetter during the weekend.
Energie & Management > Commentary - Nordic Market - Mini correction
Montag, 7.06.2004, 11:04
E&M  Commentary
Nordic Market - Mini correction
The week opened slightly down as the weather outlooks had turned a little wetter during the weekend.
Energie & Management > Commentary - Nordic Market - Bigger correction
zurück
Commentary
Nordic Market - Bigger correction
The weather outlooks pointed towards wetter conditions next week and the morning market corrected several NOK as a consequence. “It’s a fine correction that goes well with the uptrend,” a Norwegian trader stated.
The V2-04 and YR-05 contracts were met with support at 292.50 NOK/MWh and 261/261.25 NOK/MWh, respectively, this morning. The Norwegian trader considered that as it should be in the current uptrend. He nevertheless believed the market wasn’t set for much upside ahead.– With this morning’s wetter forecasts there was a slight tendency of panic that triggered stop losses,
Dienstag, 8.06.2004, 11:39 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Mittwoch, 9.06.2004, 11:44
Nordic Market - Down another level
As the low-pressure weather could be sticking around for a while, prices were taken nicely down another level this morning.
Energie & Management > Commentary - Nordic Market - Down another level
Mittwoch, 9.06.2004, 11:44
E&M  Commentary
Nordic Market - Down another level
As the low-pressure weather could be sticking around for a while, prices were taken nicely down another level this morning.
mehr
E&M  Commentary
Montag, 7.06.2004, 11:04
Nordic Market - Mini correction
The week opened slightly down as the weather outlooks had turned a little wetter during the weekend.
Energie & Management > Commentary - Nordic Market - Mini correction
Montag, 7.06.2004, 11:04
E&M  Commentary
Nordic Market - Mini correction
The week opened slightly down as the weather outlooks had turned a little wetter during the weekend.

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