I did my best to address that in both the post above & then in a comment below:

Typical (non-active) swing and/or trend traders might opt to sit tight on any swing short positions taken on either the first sell signal last week (minor trend line break just off the ATH) and/or any position taken or added to on today’s break below the uptrend lines off the Oct lows on SPY, QQQ, SOXX, etc..

Likewise, the next & even higher probability sell signal that will offer another objective short entry or add-on for those scaling (building) into a swing position will come on solid breaks and especially daily closes below last Tuesday’s lows on the indexes as well as META & AMZN.

All the better if that happens on Thursday or after NVDA reports tmrw night as a very positive AND lasting reaction to NVDA earnings (not just a pop & drop) has the potential to bring the indexes back above those trendlines & make this a false (failed) breakdown.

FWIW- I have a fairly high-degree of confidence that the rally is over & not only is a new downtrend underway but that there is a good chance of a big drop this week & next but that’s just me & how I’m positioning as an aggressive trader. To each their own.

Let’s say somebody went short at 9:45. Eastern on in video they’re ahead. Should they main maintain their short through your so called Bounce. I don’t believe it’s gonna bounce it all. But what about somebody who’s short f n g d from the same nine forty five. Is he supposed to ride it out overnight. Thanks