12.22.16 Elliott Wave Updates For ETF’s: $FAS $TNA $NUGT $IBB

FAS – FAS is trying to complete and ABC flat, but has reversed off the lows…a break of 42.10 would complete the ABC flat and setup higher highs

IBB – IBB needs to hold 260 or it may drop to lower lows on the 3 month chart..however, it looks like a 5th wave down so a sudden reversal isn’t out of the question

NUGT

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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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