RUT had reconstitution today which will be on CME listing at beginning of next month. Many index tracking funds have to re-balance their holdings that caused RUT bouncing around. It closed up 0.74% at high of the day of 1415. SPX only gained 0.15% while ES future closed flat. So far MACD for both haven't turned up. It's a divergent situation. We may see further fall back next week or MACD change directions.
Made 7 trades today. All of them were hedges and exit positions. No premiums were collected for any account. Market is in the slow summer mode now. I looked around for another trading opportunities. HD was down 2.5% for no apparent reasons. Is it AMAZON effect? I can't find any news or explanation so I didn't trade it. I studies Bitcoin and Ether. They are speculative asset class. I need to learn more before getting into it.
Net liq is down 6.4K on RUT gain of 0.74%. I am in alert watch mode next week. Margin ratio is predicted at safe level for next Monday. The bull is still strong and I don't project any exit ITM position for next week. I have to roll out at least 4 of them for next week.
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