Category Archives: Technical Analysis

The Olso FoB Index rallied 9.59% in the last week. The Index price has broken above the 97.235 NOK resistance zone and appears to be heading to the 102.53 NOK resistance zone.

The Miami FoB Index price continues to raise. The Index price is now at the $6.92 resistance zone and under the green upsloping trendline that offers additional resistance.

The Oslo FoB market is consolidation. The current price is right at the 90.96NOK horizontal resistance line. There is nearby support for prices at 88.01NOK and 83.84NOK.

The Miami FoB market continues to rally. Prices appear to be heading to the next price resistance zone at $6.96 and then $7.26.

The Oslo FoB Index has had a sharp price reversal in the last week. The Index is currently on a horizontal support line and a black upward sloping trend line.

The Miami FoB Index move to higher prices has been slowing down the last few weeks. The Index is near the $6.26 horizontal resistance line.

The rapidly increasing price trend the Oslo FoB Index appears to be softening. You can see that the Index price is starting to roll over. I don’t think this is a big surprise.

The Miami Weekly FoB Index continues to rally higher. The Index has rallied above two moving averages and is currently at the $6.26 horizontal resistance line.

The Oslo FoB Index rally continues. The Index is approaching the black and red trendlines drawn on the Index price.

The Miami FoB Index continues to move higher. There is a horizontal resistance line at $6.26 displayed on the chart.