After an opening bell "gap-down" and a dramatic plunge on Monday, our major broad stock market indices (DOW, S&P 500, NASDAQ recovered smartly this week. They rallied and filled in those "gap-downs" by Friday's closing bell. Does this mean the correction is over? Maybe. But at the moment, this rally looks like it could be a "dead cat bounce". Monday's plunge broke several support levels which turned the cycle trends bearish. These indices would have to start making new all-time highs fairly soon to turn the bearish trend around. If this does look like a dead cat bounce, we may consider selling the market short, maybe even this week-end. Staying on the sidelines for now.