Midterm elections are in November. Historical data (such as the performance of the S&P 500) shows that the stock market trend 90 days before the election is highly predictive of whether the ruling party can retain its seat:

If the stock market steadily rises from August to October, it is usually seen as a sign that investors have confidence in the current government's policies (such as the OBBBA tax reform or AI infrastructure investments).
If the stock market remains highly volatile in October, even a rebound in early November may not alleviate voters' fears about economic uncertainty.
Starting from this point, the overall market's bottoming out will be very close, very close.
I expect it to be when oil prices reach a critical level, and this time should not exceed 2 months; beyond 2 months, the whole world will explode.
This month, get all your funds ready—big bottom is coming soon, and buying in will be like picking up money! I estimate Trump's TACO will be around May!