July Rough Rice Pushes Into Resistance After a Strong One-Month Rally

Jul Rough Rice has quietly become one of the stronger movers in the Grains sector. Over the last one month, July Rough Rice is up 12.94%, which is a very strong move for this market. Most of that strength has shown up since the April 29 low, where price found support and then began a steady push higher.

What stands out to me on the daily chart is how clean the rally has been. After that late-April low, price broke higher in early May and then kept pressing upward. There were a few small pauses along the way, but buyers continued to step in and push this market to higher levels.

Now, though, price has reached an important area.

July Rough Rice is currently trading inside a **weekly chart resistance zone**, shown by the gold rectangle on the chart. This is where I want to be a little more careful. A strong rally into resistance is not automatically bearish, but it does tell me the easy part of the move may already be behind us.

Price has also just produced a **#1 top point** inside that weekly resistance zone. That does not mean the rally is over. It simply means price has now given us a possible first warning sign that momentum may be slowing, at least for the short term.

From here, I would be watching to see if a full 1-2-3 top formation begins to take shape. If price pulls back and then attempts another rally that fails below or near the recent high, that could give us a more complete topping pattern to evaluate.

On the other hand, if Rough Rice can close strongly above this weekly resistance zone, that would be a much different message. A clean breakout above resistance would suggest buyers are still in control and could open the door for even higher prices.

So, for now, I see July Rough Rice as a strong market that has earned my attention, but it is also trading in a price area where I do not want to get careless. The trend has been up, the one-month move has been impressive, and buyers have clearly had control since late April. But now price is at resistance, and that is where markets often have to make a decision.

In plain English, I would not want to chase this market blindly after such a strong run. I would rather let the chart give me the next clue. Either price proves it can break through this weekly resistance zone, or it starts to build a topping pattern that tells us the rally may need a rest.

And that, really, is the whole point of having a plan. Everything I just walked through on Rough Rice — reading the #1 top point, watching for a 1-2-3 top, respecting resistance instead of chasing — comes straight out of the CommodityTrends Trading Plan. Which brings me to some news I'm excited to share.

We've officially upgraded to CommodityTrends Trading Plan 3.0. This update reflects everything we've learned from years in the markets and from working alongside members like you. The core philosophy hasn't changed: follow a tested plan, manage your risk, and let the trends do the heavy lifting. But two things about 3.0 are worth highlighting. First, it's no longer limited to just 5 markets, so you'll have a much wider universe of opportunities to work with — exactly like the Rough Rice setup above. Second, it is not algo-based. This is a real trading plan grounded in sound principles and human judgment, not a black-box algorithm spitting out signals you don't understand. You'll always know the "why" behind every trade.

If you're already a Premium member, 3.0 is built right into the service — you'll see it in the daily videos, the alerts, and the training materials going forward. And if you've been reading these letters from the sidelines, this is a great time to come aboard and learn the same plan I use in the markets every day. You can get started in just a couple of minutes here: http://commoditytrends.com/register. As always, it's month-to-month with no contracts, and our Course Counselors are standing by if you have any questions.