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==> Important Update in the Dow
By Marty Armstrong | June 2, 2017

The Dow has finally exceeded the May high. This still gives us some warning here for we are not out of the woods just yet. June is still a turning point. In the weeks to come, we are going to be reading more and more speculation about President Donald Trump’s possible impeachment. I am preparing a special report on this topic for it will dominate the political scene for years to come. Impeachment is a political decision and politicians have routinely ignored the rule of law. They have even had impeachment trials on people who are no longer in office, when there is absolutely no basis for impeachment, They wanted to make a case just for the upcoming election.

The Republicans are playing with fire. The elite think this "populism" is over after Macron. They talk to themselves and that is why every mainstream candidate was still defeated in France by Le Pen and by Trump in the Republican primary. They do not get that they are the problem. There simply are no mirrors in Washington.

We can be looking at the complete collapse in public confidence ahead of schedule. The two weeks ahead are those of June 12th and 26th.The target resistance for June is 21961. Keep in mind that for a breakout, we much exceed the top on this channel, fall back to retest it as it becomes support, and then blast upward.

So for now we have reached 21176.3. Our Phase Transition Point still does not coming into play until we cross 23000.

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