The market continued moving to the downside despite several attempts by buyers. All the majors except DIA (-1%) pulled back about 0.5% within their balance areas. It still looks like a base building unless the balance lows are broken. QQQ is holding up in its new high territory. That is a clue.
Made 9 trades today. Rolled all of my small cars long calls out in hope of catching another bounce. I put in a couple of RUT and SPX hedging calls for the next two weeks. No premiums collected since the margin is on the put side now.
Net liq gained 2k and climbed above shaky ground of 110K. The margin ratio is at 60%. The projection is weak for this weekend expiry.
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