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

NUGT – NUGT got somewhat of a W4 bounce in the previous couple days but not enough to stop the downtrend

IBB – IBB is still stuck in a sideways W4 and needs to clear 300 to setup a W3

FAS – [ms-protect-content id=”61,117,1559″]FAS appears to be near the completion of an ABC zigzag and a reversal over 48.5 would confirm it

TNA – TNA appears to be near the bottom of a 5th wave formation and a reversal over 103 would confirm it