There was a pretty nice bounce overnight after European open. Swings have been large. A push down of 30 point to close the o/n gap made a retest complete during the RTH.
My margin in the main account shifted to call side during the last hour of push up. Several of my sell call orders got filled. The also took out more buying power than I expected. I need to raise my buying power to 40% at least from current 30% which is too low by my new standard. Leverage also needs to go below 30 from 37 now. Overall I still don't have a clear plan for sizing my orders. I need to decide if I want to trade SPX spread or ES naked. Both are separate in margin requirement.
I started to look at grains again today after USDA report. I tried to dip my toes into the water but no fill yet. I will have to play it small.
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