It is when you are whipped for putting chewing gum under a public park seesaw in Singapore.
Today is a day to be cautious. I sold all my swing trades pronto at open without thinking much. All for small losses. I even reduced position size on $SZYM with the intent to buy them back cheaper.
So far, all mini-rallies are being countered with a bear attack; therefore if you are thinking about bargain hunting, you may want to put a tight stop “just in case”.
Below is the 1m $SPY chart:
My 2 cents.