Like the old saying:" When it couldn't go down then it will go up". A turn around Tuesday played out after market couldn't break to lower boundary on Monday. SPX made another ATH of 2284.5 with a 0.66% gain while RUT advanced 1.54%, closed above the mid of B band. Next we need to watch if the new high will led to another leg up or if it may get knock on its head.
Made 10 trades across the board. Most of them were hedges for my account. Sold couple March 2 and 3 bear calls for clients. They turned out to be too early. I didn't expect a break out for today. As the opening was slow and choppy.
Risk profile got hit again. Net liq lost 1.7K plus I transferred 7K to ET as part of pay back loan. I may have to borrow it again if the rally continues.
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