OPTIONS TRADERS CO-OP

[gdl]

Get ready folks! The inability to hold the gains here is startling even for me. Only 11:25 yet the 2742 mark means it couldn't hold above 2744 for very long. it should have PUSHED thru it easily. No matter how we end the day by the close of Wednesday we should see the high point before a big slide.

In week 19 of correction. Most find a bottom in weeks 21 thru 24.

The desperation from trump declaring he is now a dictator with unlimited poser suggests that his actions will get more bizarre and destructive, not less. We just declared war on our allies and the GOP is totally SILENT! They have sold their souls and will never be able to buy it back.

Seasonal trend historically is holding up. June 6th is the last date of uptrend. I suspect weeks 21 thru 24 will see a new low in this correction. I also suspect this can ONLY happen if the trade war gest dissolves as quickly as it starts. China, Canada have already announced publicly they have had enough with trumps antics. Mexico and EU will soon realize you can't appease this lunatic. I suspect an all out trade war announcement will be made within weeks. Gutless congress only gest backbone when their jobs are on the line. Let the games begin!

BTW, you know trumps presidency is just about over when his own lawyers admitted to Trumps obstruction on the Jr. response to tower meeting. that must mean their is much more startling evidence coming out. Desperate man with questionable mental stability can only go deeper over the edge from here.

Going to be a fun few months as trade war and Mueller comes front and center. I will be making another large bet soon.