As we see another big day of selling in the market, IBD has officially classified it as “in a correction.” It is interesting that they have done this as we haven’t seen the market fall below its support line, but they are able to make this call by analyzing the way the market moved and the volume accompanying the selling.

While I am hesitant to jump in a short of the market, there is significant evidence that this correction will be more severe than pass pullbacks. Here is a list of ways to short the major indexes: