A flash in ES hit 1910 after China's PMI reported lower than expected. I thought the 2nd shoe is going to drop. However, European opened higher and saved the day. ES traded inside of yesterday's range. RUT is the legging part now. It's chart appears more bearish than the others and hanging on the edge of its CHVA. Once if it falls below there is not much volume support to it's recent low of 1100. The recent pattern is hit overnight and recover partially on RTH.
I tried to add some bear calls today after couple of them closed on my target. I only had one set of SPX call spread filled this morning. My margin is shifted to the put side now. I plan to continue add to call side in case we get another flush down. I still see a 43K short fall risk with leverage at 0.37.
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