Oat Futures

ZO1! CBOT

YL_PRO

Hi friends the daily chart of this market shows that it will experience an uptrend in the next few days but you have to wait after the breakout at the level of 293.36 for long entry so it is better to pay attention to the change of the market towards the opposite direction be sure to subscribe to receive new analyzes

bottomcatcher

Wait for the break, hold and close above resistance at 302.5.

AntMwah

Long term resistance in that area BUT was weakened with the break above earlier in the yr. the fibs of the entire low to high move coupled with most recent retrace o me suggest we could see the 1.272%-1.618% extension areas (349-400) IF we see a further break above that critical 270 area.

AntMwah

I believe the RHS bottomed at 248 today.

AntMwah

249 is the buy zone if this is the case as it should be the bottom of the RHS and we will see a bounce back toward the neckline.