Bulls are firmly in control. ES touched Sept's FOMC high overnight. It kept trying to take over during the day session. ES/SPX didn't close above it but they closed near it. It's the 7 out 8 up days since the retest of August low. RUT has some catch up to do.
I was trying to reduce my calls. I closed two RUT Oct 5 to reduce my margin. My SPX bear calls are much more close to ITM. I will deal with them next week using Tyler's concept. My leverage is still above 4 and initial margin remains high. If I remember it correctly Karen keeps her initial margin below 50% of her net liq value. I will review her interview again to make sure of it.
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