Monday, December 22, 2014

HUI/JNUG update

HUI nearly completed the pullback modeled in this post.  It just needs to fill that gap and then rebound strongly in order to reinforce the idea that it is in a larger HT finishing B of C right now.  If it blows through that gap to the downside then something else is likely playing out.  Note that the gap fill is a 50% fib pullback of the last few days of rallying so if this is headed into a higher wave up, this is the perfect launch point.


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