JNUG major inflection point

In this post I noted that JNUG breaking out of the indicated trend lines.  But instead of continuing on that path, it sold off mildly right from the opening bell.  So at this point, a clear 4th wave candidate has emerged as shown in the model below.  It will be interesting to see how this plays out.

Avi's model says that he expects a lower low in HUI (and thus in GDX,GDXJ, and JNUG) than the early November low.  If the triangle breaks out to the top then it's not clear to me how that is going to occur so the way I see it right now, a higher high in 5 waves than blue 3 means the low is likely in.  If you miss this run to wave 5 (should it even occur) then don't chase it up without setting stops because odds are that it will come back down to to around today's level in the 2nd wave down.