A slow down? After five days of going up, CME Rough Rice is flat today, hovering around $18.3.

The Rough Rice future trades at $18.3 per cwt, after ending Friday at $18.29.

Concerning technical analysis and more specifically, trend indicators, investors are seeking long positions as Rough Rice price action surged above +100 — a key CCI threshold indicating an imminent bullish trend. According to momentum evaluation, according to technical analysis of Rough Rice's Relative Strength Index (RSI), the market is currently overbought. Asset volatility analysis shows that Rough Rice's upper Bollinger Band® is at $18.28, suggesting that a downward move may follow.

Notwithstanding CME Rough Rice's appreciation in recent days, the technical outlook suggests its bullish run is now fading.

Meanwhile, mixed performances are seen in other Grains as Oats is up 0.76%.

Moreover, United States EIA Short-Term Energy Outlook is expected tomorrow at 16:00 UTC.

CME Rough Rice now trading 4.67% above its 3-month low of $16.11.