US indices popped up after failing to push down yesterday. SPX and RUT raised 1.37% and 2.1% respectively. It was a much stronger move than anticipated considering the cloud of rate hike. SPX and RUT both closed above their balance area. They may reestablish a new balance area if they can hold their gains.
MACD looks ready to cross up and go positive on daily charts but B bands are still rang bounded. They could change following price actions.
Nine trades were filled across my accounts. Most of them are call spreads for July. My SPX CSs are above all time high. RUT positions are not. They appear to be riskier but are 8% away. Margin is on call side now. My concern is this week's RUT 1100 and 1115 calls. They are in the money now. I have to roll them to late June or early July strikes since I have to travel for most of June.
Risk parameters are narrowed but still in my safety zone. Margin ratio is 57%. I may still leg up for CS if we get another thrust this week.
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