Since my current model for JNUG looks like this:
...and since this is actual:
I just ignored this all day as it rallied >16% and then watched it for just a very few minutes near the close because that where these reversals tend to take place. When I saw the EW pattern complete for JNUG I bought JDST. Almost as soon as I bought, JNUG began to reverse and give back some of that 16+ %. The result is that I made 4+% on a day that JDST ended up closing down almost 11%. A nice little piece of EW skluck if I do say so myself. I have tight stops on this baby.
Wednesday, October 21, 2015
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