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

NUGT – NUGT looks pretty close to bottoming out long term, but my target is $6 so I’d like to see that first before calling a real bottom here.

IBB – Looks like in a corrective W2 that held 618 support, but has only retraced 382 in a W4..so it could still see a 5th wave down, but after that a 618 reversal

TQQQ –

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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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