Bullish Case: FAS shows strong price performance with a 30.5% gain over 90 days and bullish risk 44% higher than bearish risk, indicating continued upside potential.


Bearish Case: Low option trading volume at the 1st percentile and Helium AI's neutral price forecast suggest potential stagnation or mild retraction ahead.


Potential Outcomes:

1. Further upside on strong historical performance (60% chance).

2. Price stagnation due to low trading volume (25% chance).

3. Slight retraction from a neutral forecast (15% chance).


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April 09, 2024


Direxion Daily Financial Bull 3x Shares Forecast

FAS        Direxion Daily Financial Bull 3x Shares
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with FAS



VIG Forecast + Options Trading Strategies   [VIG]  Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF (0.99)


XLF Forecast + Options Trading Strategies   [XLF]  Financial Select Sector SPDR (0.99)


UDOW Forecast + Options Trading Strategies   [UDOW]  ProShares UltraPro Dow30 (0.98)


SSO Forecast + Options Trading Strategies   [SSO]  ProShares Ultra S&P500 (0.97)


CG Forecast + Options Trading Strategies   [CG]  Carlyle (0.97)



Uncorrelated Stock Forecasts

Assets with little price relationship to FAS



AA Forecast + Options Trading Strategies   [AA]  Alcoa (0.0)


WISH Forecast + Options Trading Strategies   [WISH]  ContextLogic (-0.0)


WOR Forecast + Options Trading Strategies   [WOR]  Worthington Industries (-0.0)


TGTX Forecast + Options Trading Strategies   [TGTX]  TG Therapeutics (0.0)


JNJ Forecast + Options Trading Strategies   [JNJ]  Johnson & Johnson (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against FAS



TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.94)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.95)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.96)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.99)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.99)





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