11.14.16 Elliott Wave Updates For ETF’s: $TQQQ $UPRO $IBB $NUGT

TQQQ – TQQQ could be at worst in a zigzag..needs to hold at least 111 to prevent a drop to the 105 range

UPRO – UPRO is holding up stronger than NASDAQ and appears to be in a mild W2..worst case is 71 and reversal

IBB – [ms-protect-content id=”61,117,1559″] IBB 5th wave target would be 305-310 but a 1.618 W3 as high as 330-340(!)

NUGT – 5th wave target 617 X w1 + W3 would target 5-6 before any reversal [/ms-protect-content]