sharpen your tools because soon the bull traps will be goneThis is the message I'm getting from more and more opinions out there. And, looking at the index charts, this may be so. The expected lows were around 3600, which was confirmed this week. Does that mean that there is a way up from now on?
We'll know soon.
One more thing confirming this is the upcoming elections and the certainty they bring for the US and the rest of the world, in a way. Some strategic analysis forecasts that the US would be out of recession even before the end of the year while the troubles might go on during the next year in Europe and Asia.