Aug-30 Time to catch a rebound

Now we have a possibility to head to 12100-12200 area to complete this rebound from previous low. For reasons below:

1. No major bad news ahead in short term.
2. Low forward PE for major stocks except banks.
3. Low commodity price.

After this rebound, the picture is still vague and I tend to below another test to low is possible. As the consumption of energy and gold will gradually rise in October, we should have higher commodity price and inflation. Dollar may drop again.