It was expected indices to face some resistance after SPX and RUT closed at Fib 61.8 and 50% entrancement from the Weekly break down charts. ES/SPX and RUT had a small range day. They tried to push up for most of today, RUT even went to positive for a while. But they closed lower. It looks like the market may try to have another leg down.
I came in with deleveraging in mind. I sold couple bear call spreads in both ET accounts. I typed in a wrong date to sell in IB and didn't notice it until near closing. The only thing I did in IB was closed Sept 30 1050 naked put with 65% profit. My losing side is heavier on SPX. I may have to take bigger losses to close some puts since I didn't get much deleveraging done today. ES slide below last night low this evening already. Let's see what Asia and Europe will bring to the table. I have only $28K margin left after today's monthly expiration.
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