JJG…41.95

Time to put this back on our radar and start watching!

41.95 puts in a double bottom from last months low…This is also the 2/3rds Fib retrace from the April 2010 low.

In other words it’s big stuff…

What to do? You can lead off on a small position with a tight stop….very tight!

This instrument can still make a new low and come back up through the area, which would then confirm a tradable low.

In the meantime if you want to give it a shot with a 25 cent stop, go ahead.