Sound active trading involves understanding when to push it and when to take a step back and watch the action. In the current conditions, take a step back and let the market shake out before putting on any swing trades. Markets work in two cycles: contraction and expansion, and right now we look like we are headed for a brief period of contraction, or hard money. Overall the market looks like it is heading for an A-B-C correction that will send it higher into the upper trendline of the recent descending channel. Wait for the market to show you a better area for a possible short entry. For active traders, maybe keep your eye on AAPL for a short potentially as low as the 177 area.