DUST Forecast




Price Forecast:




80% Confidence

Bearish<->Bullish




Bullish Case: DUST is positioned for growth driven by rising gold prices amid economic uncertainty and high implied volatility, indicating significant market movements. Increased demand for gold as a safe haven can elevate DUST's value higher in the coming months.




Bearish Case: Potential declines in gold prices due to stabilizing economic indicators and lower demand can pressure DUST. The high implied volatility suggests significant downside risk, especially if geopolitical tensions ease or inflation rates stabilize.




Potential Outcomes:

1. Increase to $70 (30% chance) driven by heightened gold prices.

2. Decrease to $50 (40% chance) if economic conditions stabilize.

3. Range-bound trading between $55-$65 (30% chance) as market sentiment fluctuates.




Trading Oracle: Implement a bullish debit spread by buying the DUST 12/20/2024 65.00 C and selling the 70.00 C to capitalize on potential upward movements with favorable risk management. This strategy captures volatility while minimizing capital exposure, targeting high reward-to-risk. Await earnings for potential volatility spikes.



December 17, 2024


Direxion Daily Gold Miners Index Bear 2X S Forecast

DUST        Direxion Daily Gold Miners Index Bear 2X S











Correlated Assets

Assets that tend to move strongly with DUST



YANG Forecast + Options Trading Strategies   YANG  Direxion Daily FTSE China Bear 3X Shares (0.95)


MAXN Forecast + Options Trading Strategies   MAXN  Maxeon Solar (0.91)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (0.89)


INFY Forecast + Options Trading Strategies   INFY  Infosys (0.83)


VRNA Forecast + Options Trading Strategies   VRNA  Verona Pharma (0.81)



Uncorrelated Assets

Assets with little price relationship to DUST



BLBD Forecast + Options Trading Strategies   BLBD  Blue Bird (0.0)


EOG Forecast + Options Trading Strategies   EOG  EOG Resources (0.0)


CPS Forecast + Options Trading Strategies   CPS  Cooper-Standard (0.01)


EMR Forecast + Options Trading Strategies   EMR  Emerson Electric (-0.01)


ACAD Forecast + Options Trading Strategies   ACAD  Acadia Pharmaceuticals (0.01)



Anticorrelated Assets

Assets that tend to move strongly against DUST



SIMO Forecast + Options Trading Strategies   SIMO  Silicon Motion Technology (-0.77)


ALV Forecast + Options Trading Strategies   ALV  Autoliv (-0.78)


URNM Forecast + Options Trading Strategies   URNM  North Shore Global Uranium Mining (-0.78)


LRCX Forecast + Options Trading Strategies   LRCX  Lam Research (-0.83)


CTAS Forecast + Options Trading Strategies   CTAS  Cintas (-0.92)


DUST News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.










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