At the end of another semester, what can be said without a doubt about the six months that now end is “what a ride!”. Since the most sudden drop in the history of the S&P500, which pushed Wall Street into a very short-term Bear Market, given the impressive recovery that followed, the unusual price that WTI recorded reaching negative values for the first time, something unthinkable, the market has been prodigious in spins, volatility, but without ever dropping something that has accompanied sentiment in recent years, central banks, today more than ever, are the champions of the Bulls, visibly politicized and doing the work of governments, creating a future unimaginable consequences, given its already strong presence in the business sector.
And if the first half of the year will end with an almost certain devaluation, this is an extraordinary feat, since about three months ago the feeling was that the strong correction would be to continue. The next six months have everything to continue to be a time of intense volatility and high volume of transactions, since the pandemic theme should be present until at least 2021, as well as the intensity of the recovery of the main world economies, now that it comes. Officially noting the contraction seen in the first quarter, which may be aggravated in the second quarter in some areas of the globe.
In any case and except for a turnaround, the support of the enormous existing liquidity may contain occasional devaluations that may occur, which opens the door to a favourable trading period for the intraday.
