Sunday, April 10, 2016

Week 15 Review 4-10-16

The week ended with a down note for US indices. SPX faced a weekly and monthly trend line resistance. The SPX daily uptrend is still intact. RUT is way behind on the technical levels in comparison with its peers. It barely retested its Jan's b/o area and lower low in weekly. We may see more indications for market direction next week.

It was a small profitable week with a net gain of $716. Due to the scheduled deposition for Delaoch case I moved most of my rollover positions to April 3. I made a mistake of buying a put instead of selling it. I don't even remember when was the last time I made such a stupid error. Luckily it was a down day the next day. I got out with a small profit.

Risk factors are brought back inline. Margin ratio was around 50% for most of the week.

I discussed transfers with TOS and took couple of training sessions. My main objective is to avoid future margin calls without spare time.  


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