Which way will it go? Could not resist one last head and shoulders formation to post. May just washout with the other head and shoulder formations.

Seems like a few commodities are like oats, coffee, and unleaded gas are showing the same formations. Will the necklines hold and we get rallies or will they fail to the down side. We shall see.

With the floods and the dry conditions like we have in ND, and down here in TX respectively we could end up with a weather market in grains, so be carefull with those grains.

Below are the Sept oats, and weekly oat chart.