DIA Forecast


Bullish Case: With a consistent upward trend over the past years and increased institutional investment, DIA shows robust bullish sentiment. Recent increase in bullish risk, combined with historically likely positive returns, reinforces market confidence and potential for future growth.


Bearish Case: Given the current backwardation in the options term structure and a recent dip in prices, DIA could face short-term volatility or profit-taking pressures. Historical likelihood of negative returns in short holding periods suggests potential downturns.


Potential Outcomes:

1. 60% chance of continued growth based on bullish risk and historical returns.

2. 25% probability of short-term correction due to backwardation and recent flexibilities.

3. 15% chance of a reversal if unexpected negative market events occur.


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May 09, 2024


SPDR Dow Jones Industrial Average Forecast

DIA        SPDR Dow Jones Industrial Average
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with DIA



VTI Forecast + Options Trading Strategies   VTI  Vanguard Total Stock Market (0.99)


UDOW Forecast + Options Trading Strategies   UDOW  ProShares UltraPro Dow30 (0.99)


SPLG Forecast + Options Trading Strategies   SPLG  SPDR Series Trust - SPDR Portfolio S&P 500 (0.99)


IVV Forecast + Options Trading Strategies   IVV  BTC iShares Core S&P 500 (0.99)


VIG Forecast + Options Trading Strategies   VIG  Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF (0.99)



Uncorrelated Stock Forecasts

Assets with little price relationship to DIA



VLY Forecast + Options Trading Strategies   VLY  Valley National Bancorp (-0.0)


GT Forecast + Options Trading Strategies   GT  Goodyear Tire & Rubber (0.0)


ALGN Forecast + Options Trading Strategies   ALGN  Align Technology (0.01)


ALK Forecast + Options Trading Strategies   ALK  Alaska Air (0.01)


LCII Forecast + Options Trading Strategies   LCII  LCI Industries (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against DIA



SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.94)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.95)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.98)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-1.0)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-1.0)





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