“Typically during market corrections, the stock market recovers almost as fast as it declines,” said Jim Elios, founder of Elios Financial Group.

“So we believe that we are on the other side of this market correction and that stocks should continue to move higher, albeit with some volatility.”

Traders will be looking toward several economic releases on Tuesday. Consumer confidence data for March is scheduled to come out, in addition to February’s new home sales data. The Richmond Federal Reserve’s manufacturing index for March is also due. In addition, Fed Governor Adriana Kugler and New York Fed President John Williams are slated to speak at events.