JNUG update: caution advised.

Let JNUG come back down to you.  That be wave looks like an ending diagonal ready to break down and if it does it likely means that C of B is playing out.    I might have the price target too low.  It will likely be between the 50% fib and the 61.8% fib.  The key is to look for 5 waves down of about the right size and then jump in for a nice ride up to a higher high.

A breakout above A means that C is in progress already.