The Nordic power market continues where it left off Tuesday afternoon, with prices moving north.
“Yesterday, Q2-06 broke through 40.40, which triggered a technical buy signal. Prices are continuing up this morning, but at the moment there seems to be some resistance at 40.90,” one Swedish trader said earlier. However, the contract was last traded at 41.10, up 55 cents from Tuesday. He believes that yesterday’s rise was basically a result of market players getting tired of
Mittwoch, 15.02.2006, 11:35 Uhr
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