The major indices continued their recovery after the 200 SMA reversal last Friday. RUT is the leger with 0.8% gain. The others had 1-1.8% gain. The gains are impressive but not decisive. They are still inside the big down thrust bar of last Thursday. So far they appear in reestablishing a balance area below the highs of January. Will see if they can hold these areas. Bears may be waiting above for another attack.
Made 12 trades today. Most of them were just moving positions around to hedge for about two weeks. No new positions added. VIX is still above 25. That's concerning.
Net liq recovered 9K and is above 130K. Margin ratio is at 50%. It's still vulnerable to another 2%-3% selloff. My concern is that I don't have any ITM position near expiry.
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