[JNUG] update

Backlink.

Current chart did decide to morph the wave into a complex 4th.  It looks likely to be a 4th wave HT which is what the paid weekend update warned could likely happen.  However, the HT pattern will not be confirmed until we find out what happens tomorrow AM.  I would like to see a break below the lower rail (E wave throw under) and then a break back above the top rail.  While the 4th wave HT model below is a good count, it doesn't mean it will certainly turn out to be the right now.  The herd has free will and 4th waves can be tricky.

Specifically, we have to acknowledge that the angle of the rails is quite a bit steeper than normal expectation.  So watch out for the possibility that wave lime C isn't even complete yet, much less lime D.

Still, for now red is primary but it could change into a HT that looks more like that of the JNUG weekend update.