The Oslo FoB price advance is continuing. Prices appear to be heading towards the 76NOK area.
Tag Archives: Technincal Analysis
The Miami FoB prices have continued its modest rally in the last week. Prices have clearly broken above the red down sloping trendline.
The Oslo FoB market had a nice rally in the last 7 days. Prices are staying above the brown down sloping trendline and grey up sloping trendline.
The Miami FoB market prices had another week of minimal price movement. Prices are still above the brown up sloping trendline and the red down sloping trendline.
The Oslo FoB market has also continued is sideways price movement. Prices have been trapped above the brown down sloping line, the grey up sloping trend line and below the red price moving.
The Miami FoB prices are basically flat from last week. Prices have broken through the red down sloping trendline and are above the brown up sloping trendline.
The Oslo FoB prices have also basically gone sideways during the past week. Prices are above the grey up sloping trendline and right on top of the brown down sloping trendline.
Miami FoB prices are flat from last week. Prices are still above the brown upsloping trendline, red down sloping trendline and below the price moving average.
The Oslo FoB prices have rallied since my last report. Prices are at the brown down sloping trendline. There is a red horizontal resistance line at 66.618NOK. The indicators have made a big rebound in their displacements vs the price.
Miami FoB prices have broken above the red down sloping trend line and the price is just under the black price moving average. It’s a bit early to say it’s a clear break above the red down sloping trend line.