The Oslo FoB Index fell 8.15% this week to finish the week at 80.44 NOK. The Oslo FoB Index is now testing the 81.06 NOK and lower red dashed trendline that connects four prior price lows.
Tag Archives: Technincal Analysis
17
Nov
Nov
The Oslo FoB Index rallied 13.59% during this week of trading to end the week at 87.58 NOK. The Index rallied above two horizontal resistance zones and appears to be heading to test the 89.31 NOK horizontal resistance zone.
10
Nov
Nov
The Oslo FoB Index fell .4% during this week of trading to end the week at 77.10 NOK. I did make some modest changes to the Oslo FoB Index price chart this week.
03
Nov
Nov
The Oslo Fob Index fell 2.57% during this week of trading to end the week at 77.42 NOK. I didn’t make any changes to the price chart during this week of trading.
27
Oct
Oct
The Oslo FoB Index rallied 5.75% to end the week at 79.46 NOK. The Oslo FoB Index has rallied this week and is now testing or breaking through the 79.15 NOK resistance zone.
20
Oct
Oct
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.
14
Oct
Oct
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.
06
Oct
Oct
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.
29
Sep
Sep
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.
22
Sep
Sep
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.
