The Dow Jones is entering a stage 4 decline as we speak. The minimum target for the Dow Jones is $285 for a gap fill to the downside.
It is possible we get another test of the key moving average above before continuing its downtrend.
RSI is almost oversold as this points to a short term bounce before continued downside.
This is how I use TA on a macro time frame.
$DOG and
$SDOW are two ways to play the downside on
$DIA to hedge if needed.