The divergence reversed today. RUT went up 1% while SPX gave up all of its gains closed flat right before cash closing. NASDAQ made its ATH three days in a row as Dow fall back another 32 points. It's hard to tell which way the market is going in next few days to a week. The events in next few days could add more sugars to the animal spirits. I still have strong emotional reactions with market ups and downs despite I just reread the summary of "Trading In The Zone".
Made 6 trades today. Couple of SPY and IWM R reversals and one SPY rollover. None of credit spreads were filled. Market may be a little volatile tomorrow during the news conference. I would wait to see. Dow 20000 may come as a surprise.
Net liq lost 11K on RUT 1% pop. I still have 10 ITM and 1 OTM. Available funds are getting low with with some mid week SPX call expiry. I will add more RUT calls to bring it the funds up. It's a constant change since I am still overloaded with position size.
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