Oat douple topped and is poised to move lower. This is a high probability trade. Target on the median line but could move even lower depending on the speed. The only negative aspect is the thin market. Oat normally anticipates the market move of the other grains. Look for short opportunities.
OAT is extremely overbought. Price increased exponentially since Oct2013 and is now due to correction. 1/2 Bull Gann line can act as resistance. A trade below 391'0 tomorrow would confirm the set-up. A continuation to the upside would negate the set-up. Target on the 20EMA. Seasonally weak till April/May.
