11.29.16 Elliott Wave Updates For ETF’s: $IBB $NUGT $UPRO $TQQQ

IBB – After the huge rally off of the election, IBB has pulled back in an ABC zigzag wave 2..if it can clear 289 in the coming week or two, it would setup a W3..highest target as high as 340-350(!)

NUGT – NUGT is still struggling in a 5th wave, and I still believe it can only bottom by testing $6 or the full ABC zigzag of the entire correction

UPRO –

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In : ETF

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CEO Ted Aguhob, Master Elliottician and Technical Analyst, Day And Swing Trader, Website Designer And Marketer, Artist, Producer and Musician has provided content to gemxwave.com, wavegenius.com and masterofcharts.com for over 14 years. The biggest breakthrough as a blogger came in 2013 when Wavegenius.com produced a net profit of over $177,000 and became one of the highest earning blogs in the entire country. Many of his biggest and most amazing calls appeared on major financial websites like Thestreet.com, Yahoo Finance and MSN Money, was a radio personality on Washington DC Radio, and has a following in the tens of thousands for many years. Ted is known for his charisma, vision, creativity and better yet.."genius."

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