Wednesday, October 21, 2015

[JDST] update [JNUG]

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.



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