September Oats has just achieved a bearish Butterfly. Looking for confirmation on Monday. Downside target 248. RSI is in overbought condition. In comparison, July Oats still could move higher to approach 285.
Note
Oats falling off of Butterfly. Target 248'4Note
Oats met 248'4. Next downside 243'2. Oats building out bullish Gartley. Note
Oats has achieved double top status. Looking for downside to 256 then 248.
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Disclaimer
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.