About to hit first major test for the apparent JNUG breakout...

JNUG is up 20+% on the day.  There is a good chance that the near term bottom is in and I trust that it will turn out to be.  But I'm also going to verify by ensuring that it can break through important resistance when it is encountered.  Major resistance is at the level of the prior 4th which also happens to coincide with the downward 3rd wave gap.  Somehow JNUG needs to power through that gap and not get hung up at the 50 fib so that the momo boys see fit to throw money at this thing.  There is no telling if it will happen or not so I am ready to bail on my entire JNUG position (for now) if that resistance cannot be taken out in a definitive manner.