good question, timing is right or almost there for a s/t low. Earnings going into full gear now. Jan opex has a history of issues about 70% of the time.
Fed next week might take us into another whippy situation and as you mentioned early Feb could have some issues.
I preach to the gang to keep a schedule of events to come, inflation reports, jobs, fed minutes etc. etc. they all give us a whip or saw depending.
The guys are lightly long but holding some shorts from 4800-ish, more of hedge trade right now.
Miners and oil, wow.. Miners are IMO still a traders market but not for much longer if things play out as expected over the next few months.