Equity finally will have the long waited 5% correction at this time.  If you are quick you might be able to catch 30 points upside for S&P 500, but any bounce will be sold. I expect S&P 500 will pull back after the temporary bounce to 2030-2040 in next few weeks, and any pullback close to 2000 will be good enough shakeout for long term entry buying points.  This correction may last longer than a few weeks, possibly one month or two.  After that it will continue the uptrend.

Interest rates are up very quickly last few weeks, and this sale off in bonds is too extreme in short term.  I expect rates will come down a little bit next few days especially when equity undergoes some correction.