Tag Archives: Technincal Analysis

The Oslo FoB Index rallied 6.4% during trading this week to end the week at 75.14 NOK. The Index appears to have made a higher price low. The trend of higher price lows and higher price highs is an important observation.

The Oslo FoB Index fell 3.54% during this week of trading to end the week at 70.62 NOK. The Oslo FoB Index closed below the red upward sloping dashed diagonal trendline.

The Oslo FoB Index fell 5.84% during this week of trading to finish the week at 73.21 NOK. I made some very small adjustments to the horizontal support and resistance lines using the most recent data.

The Oslo FoB Index fell 2.83% during this week of trading to finish the week at 77.75 NOK. I did some fine tuning of the horizontal support and resistance zones.

The Oslo FoB Index rallied 7.45% during this week of trading to end the week at 80.02 NOK. This update is going to have the similar theme as last week’s update.

The Oslo FoB Index rallied 9.28% this week to finish the week at 72.32 NOK. I had to make some changes to the chart with this week’s rally. The horizontal support and resistance zones have been refreshed using recent data.

The Oslo FoB Index rallied 9.4% during this week of trading to finish the week at 66.18 NOK. The Oslo FoB Index rallied through a confluence of resistance during the week.

The Oslo FoB Index rallied .98% during this week of trading to end the week at 60.49 NOK. The Index spent the week grinding sideways and continues to ride the top side of the green downward sloping trendline.

The Oslo FoB Index fell 4.4% during this week of trading to end the week at 59.90 NOK. The Oslo FoB Index might be attempting to hold the green downward sloping trendline that connects a few prior price lows.

The Oslo FoB Index rallied 12.6% this week to finish the week at 62.67 NOK. The Index rallied above the two “stronger” horizontal pink resistance levels and blue, red and light blue trendlines during this week of trading.