Glad you did well still. It didn't matter how small or big my stop amounts were today I would get stopped out and watch the price go the way I expected. Both long and short. Down £712 for the year now. Not terrible, but the worst year I have had so far.
For the short narrative you need the large order flow reverse negative to sustain move under 5200. price is hashing back and forth in 100 point handles. Usually seen near support or resistance.
If you can handle the whipsaws, I say stay short. We're likely to go down to 5000, which is only little more than 200 points from here (currently trading at 5214). The problem is it could possibly drop even more than that, you know as in "falling off the cliff". BTW that's a lot of lines...
Naz selling off and Mag7 is not able to hold the market up. So the thesis for a sustained drop is there. Election Year is the confounding factor.