A slow down? After three days of going up, CME Rough Rice is flat today, hovering around $17.94.

CME Rough Rice trades at $17.94 per cwt, after ending yesterday at $17.93.

United States's Initial Jobless Claims new data released of 242,000 below its previous figure.

Rough Rice's state is reflected by market data as highly important Initial Jobless Claims data from United States beat analyst expectations of 240,000 with a reading of 242,000. United States Interest Rate came out at 5.25, while a consensus of analysts was expecting 5.25. Highly important Crude Oil Inventories data from United States beat analyst expectations of -1.1 million with a reading of -1.28 million.

Trend-following investors would be interested to note that the Commodity Channel Index (CCI) indicator is above +100, meaning the market price is unusually high compared to the rolling average. According to asset volatility analysis, CME Rice's upper Bollinger Band® is at $17.92, suggesting that a downward move may follow.

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

Meanwhile, mixed performances are seen in other Grains as Corn goes down 1.23% to trade around $581.25.

Moreover, tomorrow at 12:30 UTC data for United States Non Farm Payrolls will be released, with an expected decline to 180,000 from the preceding figure of 236,000. Tomorrow at 12:30 UTC data for United States Unemployment Rate will be released, with an expected decline to 3.6 from the preceding figure of 3.5.

The Rough Rice future has fallen back around 3.06% from the significant high of $18.49 set 2 months ago.