SPX/RUT attempted to move back their previous balance area but got knocked down in the afternoon session. It looks like a bear flag pattern for both of them. There may be another down leg if the pattern plays out. Also the up swing today played out to Fib levels and pointing to downward too. However both indices are still in their CHVA so they may not break on either side tomorrow. There are several Fed speakers tomorrow which may influence market actions.
My RUT bear calls for this week were closed. Also sold couple puts in SPX, SPY and RUT. The margin is on the put side now. It looks like I may be able to reduce 1-2 SPX calls if they ended OTM this week. I will close my near the money RUT puts tomorrow just in case it ended too close to the money.
Risk factors improved somewhat. Leverage is at 41. Margin rate is still too low at 23%. Net liq increased about $5K. With positions expiring this week the levels may be better as long as I don't add too many positions back. I need to bring my available funds up to 50% of my net liq.
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