Tag Archives: Technincal Analysis

The Oslo FoB Index rallied 4.5% to finish the week at 92.56 NOK. The pattern of making higher price highs and higher prices lows is continuing.

The Oslo Fob Index rallied 1.83% to finish the week at 88.58 NOK. The Oslo FoB Index held the 86.06 NOK horizontal support line area during this week of trading and bounce off the green dotted upsloping trendline.

The Oslo FoB Index fell 2.67% during this week of trading to finish the week at 86.99 NOK. I drew in a few more trendlines for your review. The red and dotted green upward sloping trendlines.

The Oslo FoB Index rallied 3.6% during this week of trading to finish the week at 89.80 NOK. The Oslo FoB Index is rapidly approaching the 90.91 NOK resistance zone that is a confluence of resistance zones discussed in previous updates.

The Oslo FoB Index rallied 12.39% during this week of trading to finish the week at 86.68 NOK. The Oslo FoB Index broke above the black dashed downward sloping resistance line, the red solid downward sloping resistance line and a horizontal resistance zone near 76.59 NOK.

The Oslo FoB Index rallied 4.68% during this week of trading to finish the week at 77.13 NOK. The first thing I noticed on the chart was the Oslo FoB Index current price.

The Oslo FoB Index fell 2.59% to end the week at 73.68 NOK. This is another week of small price movements that didn’t require a lot of chart updating.

The Oslo FoB Index fell 1.59% to end the week at 75.64 NOK. During the last two weeks of trading the Oslo FoB Index has been trading between 75 NOK and 77 NOK digesting its recent price gains.

The Oslo FoB Index rallied 8.56% this week to end the week at 77.39 NOK. The first things I noticed on the chart was the Oslo FoB Index made a higher price high during the week and the RSI’s current displacement.

The Oslo FoB Index rallied 2.49% during this week of trading to close at 71.29 NOK. The Oslo FoB Index made another lower price lower this week.