11/03/16 Elliott Wave Look At ETF’s: $TQQQ $UPRO $NUGT $IBB

TQQQ – We need to bottom on an ending diagonal here, or TQQQ may test 112-114 or the previous 4 range on a full corrective W2.

UPRO – A = C target hit and we’re in an ending diagonal formation..it’s bottom here or a full downward 3 would form to the 62 range

NUGT – [ms-protect-content id=”61,117,1559″] NUGT on this bounce could hit the 18-20 range or 786 of the entire downward C.

IBB – IBB broke all support and may have to retest 240 in a 5th wave down. [/ms-protect-content]