NRGU - was it a 3rd Wave or a 3 wave 1st Wave

Long

MicroSectors U.S. Big Oil Index 3X Leveraged ETN (BATS:NRGU)

BATS:NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN

Hit the yellow 3 a bit early, giving reason to think we might be on the aqua colored count. We'll know that it drops below 480 ish. If it pivots on the yellow 4, we can expect it to stay on yellow count.

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