It looks like the DOW, S&P 500, and NASDAQ may all be falling to the final bottoms of their current medium-term cycles. Usually this involves a 2 - 5 week fall. So far the NASDAQ has been falling for two weeks, the S&P 500 about 1.5 weeks, but the DOW only 1 week. Clearly, there could be more downside from here. We note that our current reversal zone ends next Monday. We could see a temporary low by then, but any bounce would probably be minor before these indices resume their descent. A serious sell-off may be starting, but if prices don't go too low and stabilize between now and mid-August, we could see another rally that may or may not make new all-time highs. We are now out of the broad stock market.