...drops $2.50 at the last auction, after a few weeks of small moves to the downside. This is the largest "red" move in POU in a very long time. It may or may not herald further moves in the same direction.

One of the reasons pointed out for a softening in the price has been lower oil prices, which tempered the urgency to build and/or restart nuclear power plants. But as many of us everyday oil users have seen in the price of gasoline, POO is off it's lows and up strongly from there.

If there is a direct relationship, then POU should soon resume it's upward trajectory.

Given this outsized fall in POU, and in consideration of other fundamentals, I would give odds of 70/30 that next week's auction will show a move back towards 40 bucks from the current $35.50 per pound - the recent high was $39.25.

FWIW