The Oslo FoB Index rally continued during the last week of trading. I refreshed the support and resistance zones levels. The next horizontal resistance zone is at 104.19 NOK.
Category Archives: Technical Analysis
10
Jul
Jul
The Miami FoB Index fell 3.44% during the last week. The Miami FoB Index didn’t slow down at all at the price moving average near $5.46.
03
Jul
Jul
The Miami FoB Index fell 4% in the last week. The Miami FoB Index is right on top of a price moving average and just below the $5.58 horizontal support zone.
03
Jul
Jul
The Oslo FoB Index had another week of overall upward price movement. The Oslo FoB Index is just under the 96.47 NOK resistance zone.
26
Jun
Jun
The Miami FoB Index fell 4.65% in the previous week of trading. The Miami FoB Index broke through the $5.88 horizontal support zone and the price moving average near the same price.
26
Jun
Jun
The Oslo FoB Index rallied 5.35% during the last week. There are two price moving averages very close to the Oslo FoB Index current price that could provide resistance.
20
Jun
Jun
The Miami FoB Index experienced a 2% pullback in prices since my last update. The Miami FoB Index is approaching the $5.88 horizontal support zone. The Miami FoB Index is also testing a price moving average and the green upward sloping trendline, both should offer support for the Index.
20
Jun
Jun
The Oslo FoB Index fell 15.15% during the last week. The Oslo FoB Index broke through the green upward sloping trendline and that break gave a very good early signal that the uptrend was over.
12
Jun
Jun
The Miami FoB Index closed the week at $6.14. The Miami FoB Index broke below the $6.23 horizontal support zone and below the gold upsloping trendline.
12
Jun
Jun
The Oslo FoB Index fell 14.4% during the last week of trading. The Oslo FoB Index rallied to and failed at the red down sloping trendline and the 121.83 NOK horizontal resistance zone.
