Box Store Giants: Macro Fib Schematics

Walmart, Costco, Target, CVS, Home Depot, and Walgreens are the largest box store giants in the market. Proctor and Gamble along with Nike are in here because they are both also mega corporations and since P&G has so many products in these stores. Nike is also a staple in these stores but Proctor and Gamble especially belongs here.

These Fibonacci Schematics are extremely clean and probably the best looking structure I have ever seen. This is an excellent example of market mechanics working through Fib Schematics.

If we were to talk about what we see here 2/27/24 then we see....

-Walmart at a couple resistances.

-P&G launching off massive Fib Cluster support.

-Costco testing the waters above and getting ready to jump into next levels.

-Home Depot testing its midpoint from its high with a massive front run from the Thick Orange Fib Line after the actual rejection at the high. This means we are set to launch through the high at 420.

-Target barely rejected the high (FRONTRUN) and found reasonable support on the same supports it FRONTRAN. Target is poised to go crazy high.

-Nike looks like it can do anything.

-CVS also looks like it can do anything but looks more bearish tbh.