The Miami FoB Index has been resting near the $6.23 horizontal support zone for several weeks. There is a gold upsloping trendline that should offer additional support for the Index.
Tag Archives: Technincal Analysis
22
May
May
The Oslo FoB Index had little price movement the during the last week. The Oslo FoB Index did make an attempt at the 115.72 NOK resistance line but the Oslo FoB Index didn’t make it all the way to the resistance zone.
15
May
May
The Oslo FoB Index rallied 3.6% in the previous week. The Oslo FoB Index fell to the 102.68 NOK horizontal support zone and bounced.
09
May
May
The Oslo FoB Index has broken below its prior recent lows this week. Since the current move down started in mid-April, the Oslo FoB Index has been making lower lows and lower highs.
09
May
May
The Miami FoB Index fell $0.25 this during the last week. The Miami FoB Index appears to be heading to the $6.03 horizontal price support zone.
02
May
May
The Oslo FoB Index experienced an 8.23% decline in price in the last week. The Index’s next horizontal support line is at 107.90 NOK.
02
May
May
The Miami FoB Index had a modest 1.21% decline in price this week. The small price movement did not change much in the chart.
24
Apr
Apr
The Oslo FoB Index also appears in the early stages of attempting to change direction from down to up.
24
Apr
Apr
The Miami FoB Index has stabilized in the last week. The Index had a modest gain this week vs its downtrend since early March 2023.
17
Apr
Apr
The Oslo FoB Index has been rallying since the beginning of April 2023. The Oslo FoB Index ran right through the 126.24 NOK and 128.09 NOK resistance zones.
