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RealMacro
Aug 3, 2023 3:50 PM

WMT Retail & Employment Double Topping Short

Walmart Inc.NYSE

Description

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.

Comment

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.

Comment

CRACK! As "luck would have it" I am right again. As expected.

MAGIC!

Comment

After the first warning shot, Reality now hits.

MAGIC!

Comment

#WMT US largest employer is now down -8% on the day. It didn't even give people a chance.

Comment

As ex[ected.
Comments
MyCryptoParadise_Nathan
You've got a good point.
RealMacro
@MyCryptoParadise_Nathan, Thank you very much.
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