Some how, it looks amazing close to what actually transpired. In the above count I counted the wave up as C but because of the HT that formed in late July and into August I think that the recent move down is more likely to count a-b-c which means that the count up is more likely 1-2-3-4-5. If this is correct, JDST is within a very short time frame of a significant reversal.
If we get a small amount of follow through on the JNUG rally which follows the green line down then I will probably pick up some JDST and set fairly tight stops because IMVHO that move down from mid July is likely corrective, not motive. Time will tell.
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