First, WMT's index has reached a resistance level at the previous high.
Second, the MACD has formed a bearish divergence, indicating an upward trend in the index, but the MACD histogram is smaller than before.
Third, the deviation of the moving average is large, suggesting a technical requirement for convergence. Therefore, WMT presents a short selling opportunity for today's intraday trading.
Second, the MACD has formed a bearish divergence, indicating an upward trend in the index, but the MACD histogram is smaller than before.
Third, the deviation of the moving average is large, suggesting a technical requirement for convergence. Therefore, WMT presents a short selling opportunity for today's intraday trading.
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