Bullish Case: DRV's recent uptick and market adjustments suggest a potential reversal from its downtrend, driven by short-covering and speculative buying despite general bearish outlooks.


Bearish Case: DRV's extended downtrend and higher bearish risk across all tenors indicate sustained underperformance amidst a challenging real estate market.


Potential Outcomes:

1. Continued bearish trend (60% probability), driven by weak real estate data.

2. Speculative rebounds (30% probability), led by market corrections.

3. Flat movement (10% probability), due to market indecision.


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April 24, 2024


Direxion Daily Real Estate Bear 3X Shares Forecast

DRV        Direxion Daily Real Estate Bear 3X Shares
Price Forecast: BULLISH    Price Action: RANDOM (?)











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VNQ Forecast + Options Trading Strategies   VNQ  Vanguard Real Estate Index (-0.93)


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SPYD Forecast + Options Trading Strategies   SPYD  SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend (-0.94)





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