Tuesday, August 11, 2015

[JNUG] update

I'd sell this close today because of CWT which says wedges are 3s or Cs.  Into the close this spiked up to throw over the top rail.  Nobody knows the future but I do know that the odds are looking down with this kind of a-b-c pattern that began on the 24 and likely ended today.  It's more important not to lose money than to have missed an opportunity because there really is no such thing as lost opportunity in the stock market.  A new trolly-car of opportunity comes along every 10 minutes.

The chart below is JNUG 10 minute.

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