Tomorrow we will know a good deal more. In cases like this I would normally like to see a bit more of a throwover so maybe this isn't done yet. But I would not buy this JDST chart.
Monday, December 15, 2014
JDST might provide some insight on whether JNUG is ready to turn or not.
5 rail bumps with a slight 5th wave throwover so far which just happens to also coincide with the 38.2% fib. It would be a fine technical place to turn lower. Of course there are no guarantees. But JNUG also hit the often bottoming level of leveraged ETFs ($2) at the same time.
Tomorrow we will know a good deal more. In cases like this I would normally like to see a bit more of a throwover so maybe this isn't done yet. But I would not buy this JDST chart.
Tomorrow we will know a good deal more. In cases like this I would normally like to see a bit more of a throwover so maybe this isn't done yet. But I would not buy this JDST chart.
Thx again cap. Building cash to hop in the jr miners when they turn again. Epic value play and extremely hated atm.
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