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Day Ahead Prices Higher but Lower Y-O-Y

July 08, 2019

The daily day ahead price trend is bullish in each competitive market served by ENGIE Resources.  A look at the ten-day exponential moving average (EMA) compared to the 20- and 50-day EMAs shows a recent shift.  Three weeks ago every market was either bearish or neutral.  However, despite the move into bullish territory, each market is considerably lower than it was one year ago.  (data as of July 6)