Backlink. I'm wondering if the 38.2 will even be hit. I just realized that WC could already be formed. If so then orange 2 is already in place or very close to being in place. A small throwunder would be a nice touch here to kiss the 38.2 but I want to reiterate that I think this is the time to buy in anticipation of wave 3 up which I expect to be a doozy. They hated GDXJ at $20 and they will love it at $40 or more. Once it breaks back up through the upper green rail it is a confirmed buy signal and I expect it to just go crazy. As soon as this breaks out, JNUG is a leverage buy with tight stops (sell if it makes a lower low). Let your profits run and cut your losses short.
Sunday, January 25, 2015
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