Last week Wednesday I pinpointed a 50% retracement in the Oats market near 2.12 1/4 with the Old Resistance back in July. If you got involved in this Formation Finder opportunity, great job!
I looked up at my quotes this morning and noticed that Oats, the poor mans grain market was almost the same price as corn.
This is a sample entry from Brian Cullen’s email newsletter, The Cullen Outlook, published on May 30, 2014. Good Morning– We have some new readers this morning who are currently Cullen Outlook subscribers but may have not been getting these Pre-Dawn Updates previously. To those, I say Welcome! (reply to this email if you have… Read more.
This weekly feature examines chart formations, along with technical indicators, of two to three commodity markets. Breakouts of these formations may lead to trading recommendations published by the Trade Spotlight advisory service.
Oats are seeds or grains of a genus of plants that thrive in cool, moist climates. The oldest known cultivated Oats were found inside caves in Switzerland and are believed to be from the Bronze Age.