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

FAS – If FAS breaks 44.6 it could retrace back to 47-48 on a 618 or 786 retrace

TNA – If TNA breaks 104 it would setup a full 618 reversal over 108

IBB – [ms-protect-content id=”61,117,1559″] IBB is stuck in the mud in an upward 4 before 5 down

NUGT – NUGT needs to hold 8.60 or it may retrace back to as low as 6.5 [/ms-protect-content]