The Oslo FoB Index fell 4% during this week or trading to end the week at 66.10 NOK. The Oslo FoB Index is currently on top of the brown downward sloping trendline.
Category Archives: Technical Analysis
15
Jun
Jun
The Oslo FoB Index rallied 1% during this week of trading to end the week at 68.81 NOK. The first thing I noticed in the price chart is the Oslo FoB Index is testing the underside of two different trendlines.
08
Jun
Jun
The Oslo FoB Index fell 4.09% and ended the week of trading at 68.10 NOK. I made several changes to the price chart for this week’s update. I adjusted the diagonal upward sloping lines that originate last summers seasonal price low. I also made some modest changes to the green and red horizontal support and resistance zones.
01
Jun
Jun
The Oslo FoB Index fell 4.92% during this week of trading to end the week at 71.01 NOK. I made several adjustments to the horizontal resistance zones for this week’s update.
26
May
May
The Oslo FoB Index rallied 2.34% during this week of trading to end the week at 74.69 NOK. The Oslo FoB Index broke below the 72.89 NOK horizontal support zone and bounced off the blue upsloping trendline that originates at the seasonal price low in 2025.
18
May
May
The Oslo FoB Index fell 4.7% to end the week to 72.98 NOK. I made a few small changes to the price chart this week. I added the 76.13 NOK horizontal resistance line to the price chart.
11
May
May
The Oslo FoB Index fell 9.29% during this week of trading to end the week at 76.58 NOK. I only made a few slight adjustments to the price chart this week.
05
May
May
The Oslo FoB Index rallied 5.87% to finish the end of the trading week at 84.42 NOK. I made some changes to the horizontal support and resistance dotted green and red lines.
27
Apr
Apr
The Oslo FoB Index rallied 7.16% during this week of trading to end the week at 79.74 NOK. The Oslo FoB Index has some room to move to higher prices if the previous trend of price swings between the 77.42 NOK and 98.66 NOK resumes.
20
Apr
Apr
The Oslo FoB Index fell 3.19% during this week of trading to end the week at 74.41 NOK. I updated the horizontal red dotted resistance zones using the 71.98 NOK price low.
