Indices came down a little further to my surprise. Bulls tried to take back the lost ground before noon but were only able to fill the open before noon. I thought the usual pattern of run up in afternoon would play out but it didn't happen. Sellers pushed RUT to the low of day at closing. RUT and SPX ended down 0.69% and 0.3% respectively. The ranges were not big but the persistence of sellers was impressive. SPX closed the Trump speech gap today and set on top of prior range. RUT fall into the upper part of its prior balance area. The up trend is not broken but the retreat is a welcome relief for my portfolio. Be aware that bulls can show up any time to buy on dips. VIX and RVNX were falling with indexes today again. It shows that no fear in the market yet.
Made 7 trades across all accounts. Only one rollover order got filled since VIX was still falling with indices. No bull put orders were filled at all. Made couple hedges on both sides. Margin is on puts at end of the day. I will try to buy more calls to if we get more weakness tomorrow.
Net liq gained another 8.2K. I transferred 5K back to ET to cover its negative balance. Margin ratio is back to 50% for now. I will try to bring the post expiry back for next week.
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