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RealMacro

WMT Retail & Employment Double Topping

Short
Walmart Inc. (NYSE:WMT)  
RealMacro Updated   
NYSE:WMT   Walmart Inc.
Chart Patterns Fundamental Analysis Trend Analysis WMT employment retail unemployment
14
2
chartpattern fundamental trendanalysis wmt employment retail unemployment
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.

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

MAGIC!

snapshot
Comment:
After the first warning shot, Reality now hits.

MAGIC!

snapshot
Comment:
#WMT US largest employer is now down -8% on the day. It didn't even give people a chance.
Comment:
As ex[ected.
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