3.10.17 Elliott Wave Updates For ETF’s: $IBB $NUGT $FAS $TNA

IBB – IBB needs to clear 300 to prevent a C wave down and to setup an upward 3..we already got a zigzag completed so the chance of this happening are strong

NUGT – NUGT is starting to reverse on a possible ending diagonal formation, but it’s unreliable since it’s an ED not at new lows

FAS – [ms-protect-content id=”61,117,1559″]FAS appears to have completed a zigzag but would need to break 48.5 to confirm it

TNA – TNA may have completed 5 waves down finally and a break of 103 at the top of the 4 would confirm it[/ms-protect-content]