Market currently in down swing on smaller time frame. n larger timescale stuck in range.
For over a year the market is range bound. Rallies have an average duration at best of 2 weeks.
While it is possible a bounce might develop in year end as of now unless you see breadth day (300 plus day to upside on 4% b/o) it is still not a market to be aggressively long. Same thing applies to short side.