SPX 2100 and RUT 1140 were reached today. Both have been pushing on top of their B band. I was hoping that we might see a turnaround Tuesday. But sellers were only able to close the overnight gap below. Buyers are still in control. They may have the power to make a new high before the summer.
I bought 3 calls to reduce margin pressure. One put was closed at my target. Tried to fill in some call cs in other accounts but didn't get filled. I am not in a hurry.
Risk factors is better than yesterday. Margin ratio is barely above 30%. Net liq is stable. I will buy more calls if we get another push up tomorrow.
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