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

FAS – FAS needs to close above 44.50 to setup a W3..if it can close above that it could reverse all the way back to 48+

TNA – 786 of the C wave would be 104 and TNA is within fractions of breaking it..if it breaks it could see 108-110 shortly

IBB – [ms-protect-content id=”61,117,1559″] IBB needs to close above 298 to setup a W3..if that breaks it could go to as high a 325-330..

NUGT – NUGT needs to break 9.65 to prevent a full downward C [/ms-protect-content]