I dont know what will happen in 1 month, 3 months, 1 year or 10 years, but I know right now is the time to buy. Maybe in a few weeks or several weeks I will re-visit this call to update. My belief is that technology will rally into December. I automatically sell tech in December and then turn to the energy trade. That formula has worked for me for a while. I am currently long technology such as TQNT which I believe will double from here as stated before. Long semi stocks now and hold into December. After December, tech may or may not continue to go up, but I have always sold tech in December as a general rule of mine. Your rules might differ...
A short-term rally is highly likely. However whether we turn into a bear market or go further the bull is up in the air. Until we reach S&P 1300-ish thats unknown.