WMT Retail & Employment Double Topping
Zaktualizowano
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.
Uwaga
Nothing has changed. 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.
Uwaga
CRACK! As "luck would have it" I am right again. As expected.MAGIC!
Uwaga
After the first warning shot, Reality now hits.MAGIC!
Uwaga
#WMT US largest employer is now down -8% on the day. It didn't even give people a chance.Uwaga
As ex[ected.
Real Macro Economic Investing
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