Loading ...Maybe a WW???
If dollar keeps going up as projected, JDST should keep going up as well. I have a 1=5 target for JDST at 8.73 we had a pre-market high the other morning at 8.47. If the shorts are not destroyed this afternoon by Janet then this Wolf Wave forming on NUGT might turn out to be valid…. Just Sayin’…. Look for an overshoot of the blue trend line then UP to over 10.40…. This might actually fit with the Dollar action where we’re expecting the (i) to finish around 25.48 or so then down (50% correction normal) for the (ii)… Just something to watch for as we wait…..
There’s a smaller WW on the Chart… See it??… target a little above 9.90… Failure of CCI to cross much above the midline point is telling me this is a weak move… We’ll see… more likely and a simpler way to look at it is an abc move where we’re completing the ‘a’ now, down for ‘b’, then up again for ‘c’ to smaller WW target… We’ll let the charts work for a while…