Tag Archives: Technincal Analysis

The Miami FoB market continues to rally. Prices appear to be heading to the next price resistance zone at $6.96 and then $7.26.

The Oslo FoB Index has had a sharp price reversal in the last week. The Index is currently on a horizontal support line and a black upward sloping trend line.

The Miami FoB Index move to higher prices has been slowing down the last few weeks. The Index is near the $6.26 horizontal resistance line.

The rapidly increasing price trend the Oslo FoB Index appears to be softening. You can see that the Index price is starting to roll over. I don’t think this is a big surprise.

The Miami Weekly FoB Index continues to rally higher. The Index has rallied above two moving averages and is currently at the $6.26 horizontal resistance line.

The Oslo FoB Index rally continues. The Index is approaching the black and red trendlines drawn on the Index price.

The Miami FoB Index continues to move higher. There is a horizontal resistance line at $6.26 displayed on the chart.

The Oslo FoB Index held onto its large gains from the prior week, a sign of strength. The Index is respecting the 89.43 NOK horizontal resistance line and the black upward sloping trend line.

The Miami FoB Index is continuing to trend higher. The Index has broken above the tan upsloping trendline and above the $6.00 horizontal resistance zone.

The Oslo FoB Index had a large pull back in price during the last week. Prices broke through black upsloping trendline and fell rapidly.