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.
Tag Archives: Technincal Analysis
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.
The Oslo FoB Index rallied 2.17% this week to finish the week at 55.64 NOK. The Index appears to have held the 53.92 NOK horizonal support line.
The Oslo FoB Index fell 8.65% this week to finish the week at 54.46 NOK. The Oslo FoB Index has recently broken below two major horizontal support zones and now appears to be heading to test the 53.92 NOK horizontal support zone.