Tidbits, Technical Indicators, Argentine and EU Crops, U.S. MAHA Report 5/21/25
- Wright team
- May 21
- 4 min read
Tidbits
Barchart.com is one of the most popular charting services for every market (stocks, bonds, options, commodities, indexes, etc.). Barchart provides a lot of free information as well as many other services for a fee. Every business day, Barchart reports the conclusion of thirteen purely technical analysis systems to recommend if an investor should buy, sell, or hold a given investment item. The results are computer generated. Therefore, we conclude there is no human opinion and no fundamental information involved.
Technical analysis does not include any fundamental information, meaning no weather forecast, no planting or harvest progress, no export projections, etc. Consequently, when all 13 tools conclude one should buy a commodity, one needs to be a seller because the bullish consensus is so high, the market is about to run out of buyers. For an explanation of bullish consensus, go to: https://www.wrightonthemarket.com/post/the-joe-kennedy-story
As of the close yesterday, the 13 technical conclusions were:
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