The Oslo FoB Index rallied 2.47% to end the week at 80.95 NOK. The Oslo FoB Index is close to testing the underside of the 81.22 NOK horizontal resistance zone.
Category Archives: Technical Analysis
15
Jul
Jul
The Oslo FoB Index rallied 7.37% to finish the week at 78.99 NOK. The Oslo FoB Index has made a higher low and now has made a higher price high since June 24th, 2024.
08
Jul
Jul
The Oslo FoB Index fell 4.07% during this week of trading. Since June 24th, 2024, the Oslo FoB Index has been swinging back and forth between the nearest support zone and the resistance zone, 73.63 NOK and 76.75 NOK.
01
Jul
Jul
The Oslo FoB Index rallied 0.72% during this week of trading. The Oslo FoB Index is now testing the underside of the 76.75 NOK horizontal resistance zone.
24
Jun
Jun
The Oslo FoB Index fell 7.46% during this week of trading. The Oslo FoB Index finished the week below the 78.07 NOK horizontal support zone and the purple uptrend line that connects the past several years low prices.
17
Jun
Jun
The Oslo FoB Index rallied 4.4% during this week of trading to finish the week at 82.28 NOK.
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.
