The majors closed another up week. SPX, YM, and NQ are within 1-2% to make ATHs. RUT is legging but also made a 2nd up-week and closed near 2300, at the high of its current range. There is still a double top scenario if the majors couldn't break out decisively to the new highs. We are still facing the possibility of a mid-June pullback seasonally. Therefore, This breakout may not last long.
My net liq is up 7K and closed at 137K. The leverage is below 300 since early May. The realized P/L is 7K, partially recovered from May's loss. The IB account collected 1.7K in this Memorial Day shortened 4 day week. It was a profitable week for the small personal accounts too. The 0 DTE were all winners although I didn't catch all the trades in the three available trading days. Made a couple of ST trades and my own ones.
I followed my -1+1 rule closely this week. I was able to reduce 2 SPX long puts and moved two of the long-dated positions into next week. My plan is to reduce my exposures for a coming pullback.
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