Market shrugged off the Las Vegas massacre and continued its march to new highs. RUT closed at 1508, up 1.2%. The far away target of a month ago is in its bag now. It appears that the market is rotating from tech to small caps. SPX is also reaching my projection of 2530, closed at 2529, up 0.4%. RUT is over bought in RSI and MACD daily. But MACD had only crossed its 2nd bar. It's a tough situation for me.
Made 10 trades today. I was mainly rolling the ITM small contracts using ITM long calls. They helped some but not enough. I woke up late today and missed the chance to buy more longs according to my plan of last night. Sold one RUT bear call spread for a client.
Net liq lost 9K, down to 103K again. My portfolio is under great pressure now. ETP account has 2.7K available to borrow. That's it. I have to wire fund again tomorrow. I remember I decided to not going to trade RUT last year. But I didn't come up with another underline product to replace it. I got hit again for not carrying out my hard learned lesson. I am paying tuition again.
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