Prior model on JNUG went bust, stops will have saved the thinking. Now I'm looking at JDST for signs of upward reversal on JNUG and I think it is worth a gamble due to the kiss of the 38.2 fib after 3 corrective waves as shown below. JDST could also power up to the 50 fib and perhaps even the 61.8 fib but I count a-b-c right here so again I think JNUG is bottoming, at least for now, in the mid 14s of this AM.
Wednesday, July 8, 2015
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JNUG went to 12.3 as I type this .... wade in deep and bought a chunk
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