WMT Reminder

I just wanted to remind you to keep an eye on WMT.

 The WMT break away gap and bear flag. Yesterday we saw a brief head fake move above the flag as I posted yesterday.

On a 5 min chart, you can see the move above in yellow and the results of that today. WMT is very close to breaking the support of the bear flag. Still remember that unless the market breaks hard and holds it, WMT could still drop from the bear flag and rally back up in a volatility shakeout to kiss the flag good bye, this is one reason I prefer initial stops that are a bit wider.