WMT should have entered a 3 wave down recently that could take it at least to 42 but almost certainly a lot lower. We did the initial 1-2 and now the fun should start for real. Stay short with puts.

Here is Walmart again. We looked at this a few months ago and then it looked like a wave 1 down was complete and a wave 2 was in progress. 2 in fact went just slightly above the 62 % retracement level ( a few days ago). Now wave 3  (or C ) should start with a minimum target of $41. Minor one and 2 may also be complete. By the way , the chart gets bigger if you click on it.