WALMART Is this a major macro Cycle Top?Walmart Inc.BATS:WMTTradingShotAlmost two months ago (February 04, see chart below) we gave a medium-term Sell Signal on Walmart (WMT) that hit our $118.00 Target last week: Now we move up to the longer term time-frames, namely the 1Ξ where we can get a much better idea of where this stock might be headed in the next 6-12 months. As you can see, it hit the top of the multi-year Channel Up (blue) since 2015, while also breaching the 0.786 Fibonacci level of the even longer Channel Up that started during the 2008 U.S. Housing Crisis. The 1M RSI pattern prompts to correction that all dropped by more than -20% on average. As a result, given that the 1W MA50 (red trend-line) has been the long-term Support of the current 4-year Bull Cycle, we expect the market to start a new -20% correction (at least) that will test the 1W MA100 (black trend-line) minimum. Potential contact with that is estimated at $108.00. If the Bear Cycle escalates to a -27.00% correction as in 2022, 2018 and 2008, we expect to hit even $100.00. Note that the most optimal long-term buy on Walmart has historically been as close to the 1M MA50 (blue trend-line) as possible. --- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- πΈπΈπΈπΈπΈπΈ π π π π π π