Dow Jones 2008 Fibonacci 200% Extension to 2017 top!

Here is a rough draft of what I am anticipating for the coming "Global Economic Meltdown" for the Dow Jones. If you take the Fibonacci extension measuring the 2008 collapse we now find ourselves at the 200% extension of that move. This is a significant extension in the overall hedging program as we look at the monthly chart. Seasonally we also tend to see stock make a yearly high in the first or second week of July and we have had a bullish program ever since Obama took office. Price has a cap, there is no infinite system that will go on forever, especially in a fiat currency system. Now we have a Billionaire reality T.V. star in office who has to pay his debt and play his role on the political stage. Expect High Volatility This Fall.