[JNUG] up 19% [GLD]

Wait for the dip folks, don't chase.  Stocks are a continuum and they are cyclic.  They will be there tomorrow and missing out on some profit is better than losing money because you bought the peak and then don't have the stones to ride out the dip.

Let JNUG have a significant a-b-c pullback.

Also, mind the 4th wave GLD HT that I pointed out a couple times already.  As you can see from below, it has now broken the top rail on what would be the E wave if this model is correct.  A breakout of the green link invalidates this model and I eventually expect that to happen but I need to have bug out triggers for every trade and a fall below that top blue rail would be a massive warning and then a subsequent fall below the long down sloping line would be a confirmation that Avi's 95-105 target would be at significant risk of playing out.

I want to leave you with this on JNUG:  The professional traders never try to catch the bottom.  They don't follow the wave count.  They use legacy TA.  They will stay on the sidelines until we get a higher high.  So if you have failed to get some JNUG up until now, don't fool yourself into thinking the train has left the station.  JNUG was a buy at $6 presplit and then it went down to $1.80.  So it is massively oversold.

A prudent, safe "investor" will wait for the green line to break out and then buy the dip.

Of course, I am neither.  I trade by the wave count and the wave count says GLD is at or near a significant bottom which is why I have been suggesting that everyone should begin cost averaging into something golden for quite a few weeks now.