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Commentary

Nordic Market - Dropping below support level

During a rather busy morning session, the V1-05 contract dropped below the strong technical support level of 264 NOK/MWh.
– The market looks weak. We have been in a 264-270 range on the V1-05 lately, put pressing much towards 264 the last days. Now we are through this level, and technically the market looks weak, a Norwegian trader said. The V1-05 contract traded as low as 262.50 this morning, down 3 from yesterday’s closing price.A Swedish trader believed prices would continue down. 
Mittwoch, 6.10.2004, 11:36 Uhr
© 2024 Energie & Management GmbH
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Donnerstag, 7.10.2004, 11:56
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Prices traded slightly north this morning, and a Norwegian trader sensed the market sentiment is now turning from bearish to bullish.
Energie & Management > Commentary - Nordic Market - Turning bullish?
Donnerstag, 7.10.2004, 11:56
E&M  Commentary
Nordic Market - Turning bullish?
Prices traded slightly north this morning, and a Norwegian trader sensed the market sentiment is now turning from bearish to bullish.
mehr
E&M  Commentary
Dienstag, 5.10.2004, 11:33
Nordic Market - Dry or wet?
The market still seems expectant, waiting to see how the weather turns out. Prices lifted a bit this morning, possibly in view of a high pressure the coming weekend.
Energie & Management > Commentary - Nordic Market - Dry or wet?
Dienstag, 5.10.2004, 11:33
E&M  Commentary
Nordic Market - Dry or wet?
The market still seems expectant, waiting to see how the weather turns out. Prices lifted a bit this morning, possibly in view of a high pressure the coming weekend.
Energie & Management > Commentary - Nordic Market - Dropping below support level
zurück
Commentary
Nordic Market - Dropping below support level
During a rather busy morning session, the V1-05 contract dropped below the strong technical support level of 264 NOK/MWh.
– The market looks weak. We have been in a 264-270 range on the V1-05 lately, put pressing much towards 264 the last days. Now we are through this level, and technically the market looks weak, a Norwegian trader said. The V1-05 contract traded as low as 262.50 this morning, down 3 from yesterday’s closing price.A Swedish trader believed prices would continue down. 
Mittwoch, 6.10.2004, 11:36 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Donnerstag, 7.10.2004, 11:56
Nordic Market - Turning bullish?
Prices traded slightly north this morning, and a Norwegian trader sensed the market sentiment is now turning from bearish to bullish.
Energie & Management > Commentary - Nordic Market - Turning bullish?
Donnerstag, 7.10.2004, 11:56
E&M  Commentary
Nordic Market - Turning bullish?
Prices traded slightly north this morning, and a Norwegian trader sensed the market sentiment is now turning from bearish to bullish.
mehr
E&M  Commentary
Dienstag, 5.10.2004, 11:33
Nordic Market - Dry or wet?
The market still seems expectant, waiting to see how the weather turns out. Prices lifted a bit this morning, possibly in view of a high pressure the coming weekend.
Energie & Management > Commentary - Nordic Market - Dry or wet?
Dienstag, 5.10.2004, 11:33
E&M  Commentary
Nordic Market - Dry or wet?
The market still seems expectant, waiting to see how the weather turns out. Prices lifted a bit this morning, possibly in view of a high pressure the coming weekend.

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