The JUL16WMAZ contract retreated and closed R124 higher since its low on the 1^st of April 2016.  The contract price now faces good resistance at the nearby downward trend line and major resistance at R4800 as shown in the daily graph below.  Could domestic maize prices rally higher and break technical resistance or could we see further downward movements orchestrated by the trend line?  Traders are not taking their eyes off the current South African maize crop progress, which still holds much uncertainty in, but would seemingly start moving their focus towards the planting and development of the U.S. corn crop in coming weeks and months