The broad stock market took another dive yesterday, but then recovered a bit today. Even though the DOW broke below 34,000 yesterday, today it closed above that line. The S&P 500 is holding above 4,000, and the NASDAQ is finding support above 13,000. So far, so good in terms of our favored bullish view of this market (i.e. possibly rallying into the end of the month for a final cycle top). But equities are quite volatile now. If these indices turn south tomorrow and close below these support levels, we may have to change our bullish view and consider the possibility that the broad stock market is starting a major correction now. We are now on the sidelines of this market.