The Tuesday morning market was bullish and V2-04 was lifted to 304 NOK/MWh. A Swedish trader considered the market "toppish," while a Norwegian characterised it as weary but bullish.
As the morning session was in a retesting mood, the Norwegian trader believed the market would break on the upside, but not necessarily today.– The market looked tired this morning, but was nevertheless bullish. This morning we retested former highs, but the market needs new signals to take the autumn further up. A strong spot and drier weather forecasts should trigger another lift
Dienstag, 15.06.2004, 11:45 Uhr
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