Wednesday, April 11, 2018

Market Under Pressure 4-11-18

The bulls really under pressure from the issues, like Syria chemical weapons, Miller's investigation, the tensions with Rusia and China. The majors gave back most of their gains today. The majors have been in rangebound for almost two weeks. MACD is pointing to the upside but the sentiment is not there yet.

Made 8 trades without getting premiums. I positioned long calls in the index ETFs as I planed yesterday. I also tried to buy hedges for the weekend without much luck. Will do it again tomorrow.

Net liq stayed unchanged after the regular withdraw of 1.5K. The margin ratio is back to 50%. The prediction for the weekend looks shaky though. 

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