COM Forecast


Bullish Case: Rising demand for commodities and stabilizing geopolitical conditions could drive prices up. Technical indicators suggest potential upwards momentum, leveraging low current prices as a buying opportunity.


Bearish Case: Persisting economic uncertainties and a strong USD may suppress demand, leading to further declines. Market indicators show heightened bearish sentiment, suggesting a challenging environment for price recovery.


Potential Outcomes: 60% chance COM stays flat, 25% for moderate rise (1.5%-5%), 15% for a steep decline (over -5%). Economic data releases and geopolitical stability will be critical in determining the actual movement.


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July 25, 2024


Direxion Auspice Broad Commodity Strategy Forecast

COM      Direxion Auspice Broad Commodity Strategy











Correlated Assets

Assets that tend to move strongly with COM



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.59)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.09)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.02)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.05)



Uncorrelated Assets

Assets with little price relationship to COM



VFC Forecast + Options Trading Strategies   VFC  VF (-0.02)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.05)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.09)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.59)



Anticorrelated Assets

Assets that tend to move strongly against COM



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.59)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.09)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.02)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.05)





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