Walmart is the biggest retailer and the biggest employer in the US.
This is a very simple setup with great risk-reward
US bulls do not want to see this fail.
This is a very simple setup with great risk-reward
US bulls do not want to see this fail.
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CRACK! As "luck would have it" I am right again. As expected.
MAGIC!
MAGIC!
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After the first warning shot, Reality now hits.
MAGIC!
MAGIC!
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#WMT US largest employer is now down -8% on the day. It didn't even give people a chance.
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As ex[ected.
Real Macro Economic Investing
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Double tops can either break a bit and Pivot
or
Pivot just prior to the top
or
Right at it.
The close-up reveals a bearish rising wedge formation that will eventually need to be corrected. How it corrects will tell us a lot.