The markets traded up and then basically sideways throughout the day and then did an abrupt about face with about one hour left in trading. It is hard to say what triggered the sell-off. Some suggested it was the downgrade of Wells Fargo that started all of the financials trading downward; some suggested the dollar hitting new lows was starting to worry some traders. The RUT dropped $8 to close at $605, just above support at $600. Similarly, the SPX dropped about $10 to close at $1081, just above its support at about $1080. Both of the SPX and RUT charts displayed a shooting star candlestick pattern today, often suggesting an imminent reversal of an up trend. In this case, we would want to see the SPX and RUT solidly break their support levels tomorrow to confirm that reversal.

My Nov iron condor is almost exactly delta neutral with a P/L of +$1,780, delta = +$2, and theta = +$108. Watch the market tomorrow morning carefully. I trust you have your contingent stop orders all in place??