The prices on the Miami FoB continue to raise. If you look at the two indicators in the bottom panes, you can see both indicators have history at these displacements.
Category Archives: Technical Analysis
Prices appear to be turning up on the Oslo FoB exchange.
All-time highs for the Miami FoB market!
Olso FoB prices are at a support zone at NOK 82.32.
The Miami FoB market appears to be running out of steam on the upside with a likely target of the green (ii).
The Oslo FoB markets prices are pulling back as the indicators reset.
Miami FoB is near it’s old all time high near the green (1). As mentioned earlier, “usually” the price will stall out near it’s old highs and consolidate before continuing its price move higher.
Olso FoB appears to be starting a mild pull back in price and then I expect a continued move to new highs on the chart.