Johnnie Ellington II May 31, 2016 at 7:49am · Keep in mind that the MAJORITY always must be wrong. You have hedge fund managers who have lost their shorts this year because they position themselves based really upon personal opinion. Just look at the performance of such funds and you will know which ones to stay away from. Anyone trading on gut opinion has a high degree of encountering major losses as we move forward in time. We will be issuing a Special Report on the Dow for a breakout based upon the May closing. At this point in time, we do not expect this to be the Phase Transition. Nonetheless, we can see this move up to the 20,000 to 21,000 level by September. We can see August will be a key month and a Panic Cycle. Note that the turning point on the Long-Term Models point to August rather than September. This implies high volatility but it also warns that August could produce the highest monthly closing in a breakout with September delivering the intraday punch. You see the second Directional Change is September following June. This suggests a trend can emerge between these two inflection points in time. With gold falling out of bed and a May closing BELOW 1206, we should see gold collapse into July. Gold could easily fall under $1,000 and this would also help to suggest a breakout for the Dow since right now they are trading on a correlated, yet opposite directional footing.