Buy the dip on JNUG: island reveral has occurred.

This is not the time to fear JNUG, this is the time to accumulate.  Maybe it will fill the gap to 3.35 but I think the island reversal is clear here.  This is a significant bottom and smart traders will not ignore this technical sign.  It might pull back as far as $3.15 if that is considered the level of the prior 4th but then the next wave up will be a monster in terms of short term percentage gains.