Yesterday we witnessed an important movement on Government Bonds, the enlargement of the curve, should be a clear signal to the market. Our expectations are for an increase of up to 2.5%. If our analysis is correct, this should have a significant impact on the equity, then SP500. If the NFP due out tomorrow will be more expectations, we should see a negative impact on the Future, and could be the beginning of a serious pullback (correction) of between 8% and 10% (SP500).