JamesRkaye

Happy new year! Another year of the trump bubble.

Long
DJ:DJI   Dow Jones Industrial Average Index
Tops of all crashes since 1987 have all topped at fibonachi time ratios. The next one is not until the end of 2019 so 2018 will be another good year to be bullish on the DOW. the main risk will be the 27000 resistance so you could take profit there and waiting for a breakout before buying up again (see another chart on my account for bearish view from 27000). The clone also seems to line up very nicely on the chart and obeys the time and price fib levels, use it as a guide. The elliott wave count suggests that this is the final wave, but since waves 1 and 3 were not extended then wave 5 should be extended. The final take profit will be at around 50,000 (probably sooner) but that will not happen for a few years.
Keep buying pullbacks and adding to your position until you are driving a Lamborghini on the moon... and be aware that this could crash big when it does end because we are buying into a bubble, so be careful.
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