On Monday, the S&P/ASX 200 Index (ASX: XJO) started the week deep in the red. The benchmark index sank 4.2% to 7,343.3 points.

Will the market be able to bounce back from this on Tuesday? Here are five things to watch:

ASX 200 expected to rebound

The Australian share market is expected to rebound on Tuesday following a mixed session in the United States. According to the latest SPI futures, the ASX 200 is poised to open the day 64 points or 0.85% higher. On Wall Street, the Dow Jones was down 0.9% and the S&P 500 fell 0.2%, but the Nasdaq was 0.1% higher.

TechnologyOne shares upgraded

TechnologyOne Ltd (ASX: TNE) shares have fallen to a level that Bell Potter thinks is very attractive. As a result, this morning, the broker has upgraded the enterprise software provider's shares to a buy rating with a $29.00 price target. This implies potential upside of 18% for investors over the next 12 months. It said: "The upgrade is based on valuation but we also see the upcoming 1HFY25 result next month as a potential catalyst for the share price given we expect: 1. A strong result with forecast H1 PBT growth of 19%; 2. ARR to comfortably exceed the H1 target of $500m and grow by c.21%; and 3. Technology One to provide strong guidance for FY25 of PBT growth between something like 14- 18% which would be an uplift on the 12-16% in FY24."

Oil prices fall again

It could be a poor session for ASX 200 energy shares Santos Ltd (ASX: STO) and Karoon Energy Ltd (ASX: KAR) after oil prices fell again overnight. According to Bloomberg, the WTI crude oil price is down 1.55% to US$61.00 a barrel and the Brent crude oil price is down 1.7% to US$64.43 a barrel. Recession fears have weighed heavily on oil prices.

Buy Breville shares

The Breville Group Ltd (ASX: BRG) share price is good value according to analysts at Goldman Sachs. This morning, the broker has reaffirmed its buy rating on the appliance manufacturer's shares with a reduced price target of $35.00. This suggests that upside of almost 40% is possible. It said: "We reiterate Buy as our updated TP implies 40% TSR, and we continue to believe that BRG has lower price elasticity given premium product positioning and has multi-year earnings compound growth given still very low category penetration and new market launches in China and Middle East providing positive catalysts for the medium term."

Gold price drops

ASX 200 gold miners Evolution Mining Ltd (ASX: EVN) and Regis Resources Limited (ASX: RRL) could have a tough session on Tuesday after the gold price tumbled again overnight. According to CNBC, the gold futures price is down 1.15% to US$3,000.7 an ounce. This was driven by a stronger US dollar.