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Commentary

Nordic Market - End of correction?

The market opened strongly this morning, with the SO-05 contract testing the 173 NOK/MWh level. Later prices adjusted downwards, and a Norwegian trader believes that we may enter a period of range trading between 170 and 180 NOK/MWh on the summer contract.
The Norwegian trader said that we have been witnessing “a perfect technical correction” in the forwards market. – Since the market bottomed out with a closing of 149.50 on 12 January, we have seen a correction up to the 173.50 area from 5 January. Having reached that level, we are coming down again. The question now is whether we will head down towards 150 again, or if we will
Mittwoch, 19.01.2005, 12:12 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
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E&M  Commentary
Donnerstag, 20.01.2005, 11:47
Nordic Market - Heading back down
Prices have traded slightly down from yesterday’s close this morning. Players still believe that the overall trend is down.
Energie & Management > Commentary - Nordic Market - Heading back down
Donnerstag, 20.01.2005, 11:47
E&M  Commentary
Nordic Market - Heading back down
Prices have traded slightly down from yesterday’s close this morning. Players still believe that the overall trend is down.
mehr
E&M  Commentary
Dienstag, 18.01.2005, 11:44
Nordic Market - Taking a break
The market has traded sideways today after yesterday’s large lift. Players still believe the downtrend will continue though.
Energie & Management > Commentary - Nordic Market - Taking a break
Dienstag, 18.01.2005, 11:44
E&M  Commentary
Nordic Market - Taking a break
The market has traded sideways today after yesterday’s large lift. Players still believe the downtrend will continue though.
Energie & Management > Commentary - Nordic Market - End of correction?
zurück
Commentary
Nordic Market - End of correction?
The market opened strongly this morning, with the SO-05 contract testing the 173 NOK/MWh level. Later prices adjusted downwards, and a Norwegian trader believes that we may enter a period of range trading between 170 and 180 NOK/MWh on the summer contract.
The Norwegian trader said that we have been witnessing “a perfect technical correction” in the forwards market. – Since the market bottomed out with a closing of 149.50 on 12 January, we have seen a correction up to the 173.50 area from 5 January. Having reached that level, we are coming down again. The question now is whether we will head down towards 150 again, or if we will
Mittwoch, 19.01.2005, 12:12 Uhr
© 2024 Energie & Management GmbH
Mehr zum Thema
mehr
E&M  Commentary
Donnerstag, 20.01.2005, 11:47
Nordic Market - Heading back down
Prices have traded slightly down from yesterday’s close this morning. Players still believe that the overall trend is down.
Energie & Management > Commentary - Nordic Market - Heading back down
Donnerstag, 20.01.2005, 11:47
E&M  Commentary
Nordic Market - Heading back down
Prices have traded slightly down from yesterday’s close this morning. Players still believe that the overall trend is down.
mehr
E&M  Commentary
Dienstag, 18.01.2005, 11:44
Nordic Market - Taking a break
The market has traded sideways today after yesterday’s large lift. Players still believe the downtrend will continue though.
Energie & Management > Commentary - Nordic Market - Taking a break
Dienstag, 18.01.2005, 11:44
E&M  Commentary
Nordic Market - Taking a break
The market has traded sideways today after yesterday’s large lift. Players still believe the downtrend will continue though.

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