AI DXJ Forecast + Trading Strategies

Price Forecast:


Bearish<->Bullish


Bullish Case: DXJ's strong long-term performance and positive market sentiment suggest it could break resistance at $110, driven by increasing capital inflows into Japanese equities as the economy stabilizes.


Bearish Case: Increased market uncertainty and geopolitical tensions may lead to downside risk, with a potential drop towards the $104-106 support range if economic data disappoints.


Potential Outcomes:

1) Breakout to $110+: 60% chance, driven by positive sentiment.

2) Retreat to $104-106: 30% chance, due to market volatility.

3) Bounce around $108: 10% chance, reflecting indecision in broader markets.


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October 20, 2024


WisdomTree Japan Hedged Equity Forecast

DXJ        WisdomTree Japan Hedged Equity
















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