Indices gaped down this morning following Asia and Europe down markets. SPX went straight down about 1% to retest its current balance low of 2020 area. RUT made a similar movement. From there buyers stepped in to defend the lows. SPY actually closed the gap then fall back a little before closing. It appears the bottoms may be held for now if they can stand for an retest.
No trade was filled today. I was expecting a little longer or further bottom testing. I didn't want to be aggressive since my positions were extended to late Nov already. The election is still a major concern of mine. There are two mid week SPY positions expired worthless. I have less positions for Oct than Sept due to the narrow banded Aug.
Risk profile remains about the same. There is one RUT 1130 Call need to be rolled over tomorrow.
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