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Big movement possible on Wal-Mart Stores after a breach of 135.53

Wal-Mart Stores has broken through a line of 135.53 and suggests a possible movement to 132.97 within the next 11 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 13 days.

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We expect CL to trend downwards today with a 66.67% chance.

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We expect a $0 movement on 6C within 12 hours following the release of New Home Sales.

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