[JNUG] confirms 5 waves down; expect ~8 to 9% pop and then big drop...

JNUG confirms my silver chart analysis in that 5 waves down transpired despite the fact that I was calling for a bottom yesterday.  The good news is that I clearly knew the model was bust because I was expecting W3 to hold as WC and when it didn't I got stopped out.

Below is the mode from the backlink.  It clearly expected that lower rail to hold and thus when it didn't you had to know that it was going to turn out badly.




And now here is the recent snapshot showing W3 breakdown and we are very near 5 down right now.  This should be a very easy trade for most people to follow.  Do not be afraid to swing into JDST when this finishes 5-3-5 to the level of the prior 4th.  You are very likely going to make nice bank on this triple swing trade:

Long JNUG until $27-ish, then swing long JDST until SLV is $13.50, then swing long JNUG until gold is ~1400.