A Potential Trade For Tomorrow - Short Walmart (WMT)

If Walmart (WMT, http://stockcharts.com/charts/gallery.html?wmt) fills Friday's upside gap at 59.80 early tomorrow (likely), see http://finance.yahoo.com/q/ta?s=wmt&t=5d&l=off&z=l&q=c&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c=, then I'll look to short it (I'll look to short it anyway), especially if the Walmart Lead Indicator is bearish.

WMT might try to fill today 6-9's downside gap at 58.37 tomorrow, after probably filling 59.80 early on. WMT is very overbought, and, is completing an Elliott Wave 12345 up down up down up monthly upcycle since late May, see http://stockcharts.com/charts/gallery.html?wmt. I might also ultra short SPX or NDX or RUT early on via SDS or QID or TWM.

.......http://www.JoeFROCKS.com/ .