10.16.19 Elliott Wave Updates For ETF’s: $NUGT $IBB TQQQ TNA

NUGT – NUGT needs to break 31 at .786 retrace of the C wave or it may see 22-24 in a full ABC zigzag

IBB – A break of 106 would setup a 1.00 retest of 115+

TQQQ – A break of 67 would setup a W3 to the 78-80 range

[ms-protect-content id=”61,117,1559″]

TNA – TNA needs to break 61 to complete a big zigzag formation at .786 retrace

[/ms-protect-content]