Look at the IWM on the daily and weekly chart views for some clarity.
The SPY trickles up despite our demands for it to correct.
What is an investor to do?
I present a case for managing your risk in some charts that look good to me, as long as you have an exit strategy and diversification of holdings that include at least significant cash.
Never short the market if you cannot place and take a stop.
Take a look, and please, leave comments if you see flaws in my analysis.