Market followed the Tuesday turn around. Despite the sell off of the Med and Biotech during Trump's news conference buyers pushed indexes back into positive territory before closing. B bands for SPX and RUT are in squeeze mode which may cause another pop. MACDs for both are finish the down curve as well. I may face another round of squeeze.
Made 4 trades today. Two of the Ratio RR for RUT were filled during the conference drop luckily. One IC 2 in ET rollover collected some premiums. It was a quiet day in consolidation. I need to stay calm during ups and downs of the market. I also noticed that I tend to guess if my order would get filled or not instead I should stick to my rules of engagement.
Net liq was dragged down another 4.3K to 139K. Margin ratio came back above 50% mark. The predicted post expiry is in yellow line again since I have 9 of RUT call hedges will expire on this Friday. I will have to add more call hedges to it in the next two days. Until I can take off bear call positions of my holdings I am on the mercy of every small move of the RUT and IWM.
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