Is this really just a dead cat bounce?

The trading pattern could be (for tech) a V shape recovery like in 2018 but not as for the other sectors. The tech sector really loves free money and low fed funds rates but XLF and XOP don’t favor this as well as low oil prices. XRT will really start to dip as turnout becomes underwhelming due to Covid fear the people were fed and lack of disposable income as 33 million have filed for unemployment. The QE ♾ could help finance tech but it would not save the economy if people don’t want to spend their money. What do you guys think?