The broad stock market continued falling today which is confirming Dec. 10 as our second "pivot point" reversal. But will this market continue to fall into the holidays? We need to be prepared for that possibility, but it's too early to rule out more rallying over the next two weeks, especially in the DOW or S&P 500. Although the NASDAQ is looking quite bearish now as it is dropping close to its Dec. 3 low, as long as this index holds above 14,181, there is still hope for a bullish snap back. Let's see if the DOW and S&P 500 can hold above their 15-day and/or 45-day moving averages over the next few days. We are still on the sidelines of the broad stock market.