The Oslo FoB Index fell 6% this week. The Oslo FoB Index didn’t slow its decline at the 72.98 NOK horizontal support zone and the orange measured move price target from last week’s report.
Tag Archives: Technincal Analysis
The Olso FoB Index fell 4.6% from Friday August 4th through Friday August 11. The Oslo FoB Index did move above the steeper red down sloping trendline and is now riding this trendline lower.
The Oslo FoB Index fell 6.57% during this week of trading. The Olso FoB Index is on top of the 77.44 NOK horizontal price support zone which can offer support.
The Oslo FoB Index produced a small rally during the last week of trading. The Oslo FoB Index has broken above the steeper red downward sloping trendline.
The Oslo FoB Index fell 4.32% in the last week of trading. The trend of lower lows and lower highs is continuing. The Oslo FoB Index is on top of the 82.28 NOK horizontal support zone.
The Oslo FoB Index fell 10.7% this week. The Oslo FoB Index broke below the green upsloping trendline on Wednesday and the Index has continued falling in a steep decline.
The Oslo FoB Index rally continued during the last week of trading. I refreshed the support and resistance zones levels. The next horizontal resistance zone is at 104.19 NOK.
The Miami FoB Index fell 3.44% during the last week. The Miami FoB Index didn’t slow down at all at the price moving average near $5.46.
The Miami FoB Index fell 4% in the last week. The Miami FoB Index is right on top of a price moving average and just below the $5.58 horizontal support zone.
The Oslo FoB Index had another week of overall upward price movement. The Oslo FoB Index is just under the 96.47 NOK resistance zone.