Yep, no opportunities today...not at the initial resistance at the descending 90, nor any of the lower high entries. Trading is tough if you don't know what you're doing.
If it's illegal it's illegal but don't get fixated on the idea of hedge. A trader could be long on a swing trade with the minor corrections as inconsequential. That trader could also in a different account be day trading legs back and forth. They are not hedges but SEPARATE operations with...