Given several technical indicators such as CCI, MACD, BBands and other indicators such as VIX and Put/Call ratio, I bet on there will be a correction on recently market. This correction won't be very decent and my target is 12600-12700 level, around 300-400 decline from current level. This reflects my reduce call on DOW falling below 13000 again. Just now DOW is 12989 so I think if during this afternoon there is no evidence showing the market strength, you may reduce your long position in general.
However, individual stocks may vary from sector to sector, for example, commodity sector may rebound to steady back from previous decline.
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