The Oslo LFEX index prices continue sideways in a consolidation. The first thing that jumps out at me is prices have broken below the brown upward sloping trend line, a solid green horizontal support line and a black price moving average line.
Tag Archives: Technincal Analysis
The Miami FoB market prices have had a mild pull back in prices since the last update.
The Oslo FoB market prices have had a mild rally since the last update.
Miami Fob prices have had a mild pull back during the last week.
The Oslo FoB market prices have had a mild rally during the last week.
The Miami FoB prices have broken the gold trend line signaling a weakening in the uptrend.
The Oslo FoB prices have been trending sideways for the several weeks.
Miami prices have held above the gold upward sloping trendline.
The Oslo FoB prices continue to decline.
The Miami FoB prices continue to rise towards the intersection of the green and gold trend lines on prices.