[ETF Watch] $UPRO $TQQQ $GLD $IBB Elliott Wave Look – 3.28.16

UPRO: UPRO is creeping up near the top of the upward 2 resistance level around 61.8 and appears to be ready to break out by the close..minor fade should reverse here and I’m expecting that move shortly..

IBB: IBB needs to hold 618 support at 249 to setup an upward 3..a break of top of B at 259 is crucial here, and if that 618 support level breaks it may test the upper 230’s.

TQQQ:

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