The Oslo FoB Index rallied 4.4% during this week of trading to finish the week at 82.28 NOK.
Category Archives: Technical Analysis
10
Jun
Jun
The Oslo FoB Index fell 14.57% during this week of trading to end the week at 78.71 NOK. It’s been an interesting last couple of weeks tracking the Oslo FoB Index decline.
03
Jun
Jun
The Oslo FoB Index fell 14.5% during this week of trading. The Oslo FoB Index during this past week is what the Elliott Wave crowd like to call ‘wave 3’ type of action.
28
May
May
The Oslo FoB Index fell 15.3% since last Thursday’s closing price. The Oslo FoB Index is now making lower price lows and lower price highs.
20
May
May
The Oslo FoB Index fell 3.46% during this week’s trading to 127.24 NOK. I didn’t make many changes to the chart because there was not a need.
13
May
May
The Oslo FoB Index rallied 1.29% from last Friday’s close to this Friday’s closing price. I refreshed the horizontal support and resistance zones for the Oslo FoB Index.
06
May
May
The Oslo FoB Index rallied 2.4% during this week’s trading. The Oslo FoB Index appears to be heading towards the next horizontal resistance zone at 132.44 NOK.
29
Apr
Apr
The Oslo FoB Index rallied 6.03% during this week of trading to end at 126.94 NOK. The Oslo FoB Index used the 119.53 NOK horizontal support zone and the green upsloping trendline for support.
22
Apr
Apr
The Oslo FoB Index fell 8.8% to 119.72 NOK during this week of trading. The Oslo FoB Index didn’t even slow down its decline at my suggested support zone around the 125 NOK area suggested in last week’s update.
15
Apr
Apr
The Oslo FoB Index fell 7.22% during this week of trading. The 142.75 NOK horizontal resistance zone and the pink upward sloping trendline repelled the Oslo FoB Index back down to lower prices.
