Tuesday, April 5, 2016

Another Try To The Down Side 4-4-16

Indices tried a new high from last week then failed to hold it. Is it a beginning of pull back after another up week? I hope so but not confirmed. SPX and RUT closed near low of the day but still inside of last Friday's range. We may see another attempt to retest the crime seen of last Jan.

I made an error entry which hasn't happened for a long time. I was placing a put sell order in RUT. Instead it was a buy order I didn't even notice until I was keying the trade after hour. I still couldn't figure out what happened. Was it because I was tired from the weekend's window repair? I woke up after 9:30 today. Other than the mistake there was no any order filled. I will close the misfit position tomorrow.

Risk factors dropped some from the weekend expiration. IB's projection of available funds is often wrong before the weekend.

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