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

NUGT – NUGT needs to hold previous 4 support at 8.75 to prevent further damage in a C wave

IBB – IBB appears to have 5 waves down near completion before 618 reversal

FAS – [ms-protect-content id=”61,117,1559″]FAS appears to have 1-2-3-4 with the 4 up intraday before 5 down

TNA – TNA is reversing in at least a 4 up..needs to hold 95 to prevent a C wave [/ms-protect-content]