[JNUG] update

JNUG has slid further down the slope of hope than I expected in the backlink model.  While that sux for M+M hopefuls, the next likely bottoming point is the 76.4 fib which we are close to right now.  Usually I give up on anything lower than the 61.8 fib and others often set their limits at the 70.7 fib.  But in the case of a deep vee second that is part of a long term trend change I can easily make an exception.

The wave form below is still an a-b-c "fish tail" pattern.  So BOLO a breakout, especially with a gap, a then buy any dip you get after that.  If this starts moving up into a 3rd as shown then it should move very quickly and the wave pattern should be quite clear to see since such is the nature of 3s and Cs.