Stashed cash in the sp500 index and about to be at break even territory…what next?

This for the record is not my Roth or my 401k.
This was just some extra cash I didn’t want to keep in my HYSA so this is not my primary retirement fund. Considering we’ve came back down to my cost average I was thinking of just pulling out and keeping the cash in my HYSA and either lump summing if we cross into the 4000s OR DCA in on the red days.

Thoughts on this strategy for the short term?