[JNUG] update

In the backlink I cautioned that a rally leading right up to kiss resistance should be treated with caution.



This is essentially the same position that UVXY was in this AM.  My take was that it either broke out or it was likely going to a lower low.  Monday is the same deal for JNUG so I dumped it into the close.  If we gap up on Monday I will certainly buy the first 3 wave dip because that will be a major breakout.  But the odds point down one more time.