Bottom fishing?

Not saying I am going long here but in last 10 minutes /ES had 60k+ longs vs. on 3000 shorts on 5 minute chart.

My hedges have worked nicely so I may roll down to take out some cash.

With the recent volatility over the last few weeks I converted almost everything to spreads to weather the whipsaws better. Seems to be working. Have an IBB strangle I may need to invert tomorrow. Some weird divergences today. XBI up when the market is down. Biotech is usually a risk on trade.