$IWM has put in a Distribution top after not being able to reclaim 210 and is now working on a bounce before its re-distribution phase.

A test between 194 - 203 should provide a short sell entry with the downside target of 152 by end of year.

A couple ways to play the downside include puts, $RWM, or $TZA. I will be entering in this zone so if you choose to do so, best of luck in the trade.