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.
Tag Archives: Technincal Analysis
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.
The Oslo FoB Index fell 4.8% this week to finish the week at 59.62 NOK. The Oslo FoB Index is currently testing a “stronger” horizontal support zone.
The Oslo FoB Index fell 0.55% during this week of trading to end the week at 62.63 NOK. The Index continues to find support in the low 60’s NOK price area.
The Oslo FoB Index fell 9.4% to end the week at 62.98 NOK. The Index has made a lower price low during this week of trading, breaking the previous short-term trend of higher price highs and higher price lows.
The Oslo FoB Index rallied 6.47% to end the week at 68.91 NOK. The Oslo FoB Index bounced of the confluence of support near 64.46 NOK. The market has rallied up to and penetrated the 68.31 NOK resistance zone.
The Oslo FoB Index fell 9.46% during this week of trading to end the week at 74.69 NOK. The Oslo FoB Index is below the 76.25 horizontal support zone and is very close to a horizontal resistance zone.