[ETF Watch] A Look At UPRO TQQQ GLD IBB – 12.08.15

UPRO – UPRO needs to hold 64 intraday or there could be a downside breakdown and trigger of a full downward 3..worst case scenario in a downward 3 would be 1.618 at 58-60..that simple break would setup that type of move..in order to stop it, UPRO would have to at LEAST take out the intraday high at 66.3..the NASDAQ may help however by the close in causing this breakout.

TQQQ – Looks way better than UPRO right now, and is right near the intraday highs…there could be a 1-2-3 off the lows setting up now, and if it can take out the intraday high at 123.70, there’s a good chance of that follow through upward 3 AND S&P and DOW may get off the lows and reverse as well…the movement by NASDAQ today is very key.

GLD –

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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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