The $SPY is currently sitting on support. We will have to wait and see if it bounces up with volume with the help of institutions or will it break support and continue lower. The market has been headed lower, so keep your funds in cash until the next swing up.
This small cap stock market ETF is obviously going down with lower highs and lower lows. On Friday it broke even lower on volume. Otherwise, the market is very dangerous right now so be careful with your capital.