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

FAS – FAS is forming at least a 5th wave down that may retest the 5 day low next week

TNA – TNA needs to hold 95 to prevent further damage in a C wave

IBB – [ms-protect-content id=”61,117,1559″] IBB is trapped in a sideways W4 before W5 down

NUGT – NUGT needs to hold 8.8 to prevent further damage in a C wave [/ms-protect-content]