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

NUGT – A good strategy that plays out well in Jan is buying the worst stocks and ETF’s that underperformed for the year like NUGT and playing the January effect…with NUGT I’d wait until the very last trading day of this year which is coming up, and buy as low as possible in anticipation of the short covering/bottom fishing in Jan…$3-$4 would be a good buy

IBB – IBB broke above the top of the B wave an hour ago setting up a potential W3…one move past 275 could setup a move over 300 by late Jan

FAS –

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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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