RUT is outside the entry range for the December Iron Butterfly

As I wrote in this weekend's update, the planned entry for the RUT December Iron Butterfly is this week. I had looked at some trade setups earlier this morning; but as of this writing RUT has moved out of the entry range. The guidelines call for a "no entry" if RUT has moved a one-day standard deviation in either direction. According to the calculation on my broker's platform, the one-day standard deviation as of now is 14 points.

RUT is currently up 17 points, so out of our entry range. We will evaluate tomorrow for a possible trade entry.

As always, stay keen on your risk management and trade carefully,

Dot Hazlin