Hang loose on JNUG for now.

I suspect C of 2 is in progress right now and that wave 3 of C could be on deck.  If you see a big pullback then that will likely be 3 of C of 2 followed by a bounce and then one more move down to finally hit the 61.8 fib where JNUG should be in perfect position to load up for the next big wave up that will surpass the old high in a significant way.  And no I have not forgotten that Ameritrade f'ed up the numbers on the JNUG chart and show the bottom at $10 instead of where it really was at 18 and change.  But I suspect that they used a formula to do the conversion and thus the fib numbers should scale with whatever conversion formula they used.  I hoped they would fix this on their own but now I have emailed them about it so maybe it will get fixed soon.