Traders will continue to have accumulate more paper losses until July 28, 2016. Avoid any kind of speculation in this month. You will have many good months in a row starting Aug 2016. No matter how much mess or losses you have accumulated so far, everything will get recover soon from next month and you will start accumulating more profits going forwards. You would reach the bottom on your brokerage account, is likely to happen around July 28, 2016 or should have already happened in the recent past. The world will start listen to your words from Aug 2016 onwards. So do not get panic with your accumulated financial losses so far, since the 2016 is going to be one of the best year in your life. Think twice before you make any financial decisions until July 28, 2016, then you would be fine.