March 2017 Oats finally retraced back to the 50% level of the last move. Look for rebound around the 50-61.8 level. Oats is still overbought, so potential to move sideways or further down from 61.8-78.6 possible. Still bullish to fill gaps from last year. Next move to 256 if bulls can keep control.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.