ERX Forecast + Trading Strategies



Direxion Daily Energy Bull 2X Shares Forecast

ERX        Direxion Daily Energy Bull 2X Shares
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with ERX



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.99)


XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (0.97)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.94)


HES Forecast + Options Trading Strategies   HES  Hess (0.93)


OVV Forecast + Options Trading Strategies   OVV  Ovintiv (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to ERX



REPX Forecast + Options Trading Strategies   REPX  Riley Exploration Permian (-0.0)


NLY Forecast + Options Trading Strategies   NLY  Annaly (-0.0)


ARKK Forecast + Options Trading Strategies   ARKK  ARK Innovation (-0.0)


ATO Forecast + Options Trading Strategies   ATO  Atmos Energy (-0.0)


JWN Forecast + Options Trading Strategies   JWN  Nordstrom (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ERX



CNXC Forecast + Options Trading Strategies   CNXC  Concentrix (-0.78)


MODV Forecast + Options Trading Strategies   MODV  ModivCare (-0.78)


PRFT Forecast + Options Trading Strategies   PRFT  Perficient (-0.82)


DRIP Forecast + Options Trading Strategies   DRIP  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.96)


ERY Forecast + Options Trading Strategies   ERY  Direxion Daily Energy Bear 2X Shares (-0.97)





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