The Miami FoB index is unchanged from last week at $5.91. The index price is still above the brown upsloping trend line.
Category Archives: Technical Analysis
The Oslo FoB index has broken the green up sloping trend line. There is a grey up sloping in the low 60’s NOK.
The Miami FoB Index prices continue to move down slightly. Prices are testing the brown upsloping trendline.
The Oslo FoB Index prices have had a mild pull back in the last week. Prices appear to be heading to test the green upsloping trendline and the red price moving average.
The Miami FoB price slipped a little this week following the trend for the last 2 months of sideways price action.
The Oslo FoB price has also slipped a little this week and is maintaining its move of higher lows and higher highs.
The Miami FoB index price has had a small pull back in the last week. Prices ran into the yellow moving average and found resistance.
The Oslo FoB index has basically trended sideways the last week. Prices are trying to break above the 73.43NOK resistance line.
The Miami FoB prices have also continued to advance. Prices are currently just under a price moving average which could act as resistance.
The Oslo FoB price advance is continuing. Prices appear to be heading towards the 76NOK area.