It’s only mid-day, but the 1% red gap is just about filled. It’s a recurring theme and it’s hard to bear for the bears. Tribulation would not be an understatement. Looking back since October, 23 out of 29 candles were either doji or have a white body.
It would have worked well to go long intraday for day trades while holding the core short position (given I have to, according to the trading signal I currently follow). On the other hand, I can imagine that any long position can get easily shaken out for fear that “the time has come” for the market to tank.