Hedge fund supervisor Paul Tudor Jones advised CNBC on Thursday the market may very well be greater by June regardless of what he sees as a turbulent month forward.

"My guess is likely one of the causes the market's up proper now's due to all of the month-end rebalancing. The market's front-running, it sees the truth that there are going to be quite a lot of equities to purchase," Jones advised CNBC's "Squawk Field." "That is one cause my guess is we'll keep agency into month-end after which we'll be challenged in April," because the market digests a peak stage of coronavirus circumstances.

"I believe that might carry us to a retest, it would even carry us to a fractional new low. However I do assume the inventory market's going to discover a backside as soon as we get a peak within the epidemic curve, [there's] not a doubt in my thoughts the inventory market will rally," he continued. "My guess is we'll be greater three or 4 months from now, 5 months from now, than decrease than the place we're proper now."

The feedback by the billionaire founding father of Tudor Funding and Simply...