AI DPST Forecast + Trading Strategies


Price Forecast:


Bearish<->Bullish


Bullish Case: Given elevated implied volatility, especially for short-term options, a bullish sentiment prevails as DPST may rebound due to stabilization in regional banks. The recent 46.6% increase from a year ago also supports a potential upward trend.


Bearish Case: Despite short-term volatility spikes, overall flat price action and historical underperformance raise flags. The heavy volume of put options traded suggests strong bearish sentiment, illustrating possible downside risks if market sentiments shift negatively.


Potential Outcomes:

1) 60% chance of gradual recovery to $100+ as banks stabilize;

2) 30% chance of sideways trading within $85-$95;

3) 10% chance of fall below $80 due to severe market turbulence.


Trading Oracle: Sign Up to access trading oracle trade ideas.


September 11, 2024


Direxion Daily Regional Banks Bull 3X Shares Forecast

DPST      Direxion Daily Regional Banks Bull 3X Shares











Correlated Assets

Assets that tend to move strongly with DPST



BXP Forecast + Options Trading Strategies   BXP  Boston Properties (0.92)


WAL Forecast + Options Trading Strategies   WAL  Western Alliance Bancorp (0.9)


REM Forecast + Options Trading Strategies   REM  iShares Mortgage Real Est (0.9)


STT Forecast + Options Trading Strategies   STT  State Street (0.89)


DRN Forecast + Options Trading Strategies   DRN  Direxion Real Estate Bull 3x Shares (0.89)



Uncorrelated Assets

Assets with little price relationship to DPST



DIS Forecast + Options Trading Strategies   DIS  Walt Disney (0.0)


DXCM Forecast + Options Trading Strategies   DXCM  Dexcom (-0.0)


DNA Forecast + Options Trading Strategies   DNA  Ginkgo Bioworks (-0.0)


BILI Forecast + Options Trading Strategies   BILI  Bilibili (0.0)


AI Forecast + Options Trading Strategies   AI  C3.ai (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against DPST



CELH Forecast + Options Trading Strategies   CELH  Celsius (-0.7)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.71)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.79)


TMV Forecast + Options Trading Strategies   TMV  Direxion Daily 20+ Year Treasury Bear 3X Shares (-0.79)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.84)





Become a more profitable investor with AI optimized trading strategies






×

Chat with DPST


 Ask any question about DPST!