AI FAZ Forecast


Bullish Case: If the financial sector shows unexpected strength, FAZ could see a sharp increase, driven by rising implied volatility and potential market distress as reflected in recent spikes in market surface volatility.


Bearish Case: Continued stability in the financial markets may lead to a decline in FAZ, influenced by recent low implied volatility trends and a generally bearish sentiment across options positions.


Potential Outcomes:

1. FAZ price increases to $10-12 (40%);

2. Price remains flat around $8.70 (45%);

3. Drops below $8 (15%), as volatility suppresses demand due to sustained market stability.


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August 23, 2024


Direxion Daily Financial Bear 3x Shares Forecast

FAZ      Direxion Daily Financial Bear 3x Shares











Correlated Assets

Assets that tend to move strongly with FAZ



SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (0.96)


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


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (0.96)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (0.94)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (0.94)



Uncorrelated Assets

Assets with little price relationship to FAZ



ARCH Forecast + Options Trading Strategies   ARCH  Arch Resources (-0.0)


GLPI Forecast + Options Trading Strategies   GLPI  Gaming and Leisure Properties (0.0)


CFLT Forecast + Options Trading Strategies   CFLT  Confluent (-0.0)


HES Forecast + Options Trading Strategies   HES  Hess (-0.0)


WEC Forecast + Options Trading Strategies   WEC  WEC Energy (0.01)



Anticorrelated Assets

Assets that tend to move strongly against FAZ



JPM Forecast + Options Trading Strategies   JPM  JPMorgan Chase (-0.98)


VYM Forecast + Options Trading Strategies   VYM  Vanguard High Dividend Yield Indx (-0.99)


FAS Forecast + Options Trading Strategies   FAS  Direxion Daily Financial Bull 3x Shares (-0.99)


IWD Forecast + Options Trading Strategies   IWD  iShares Russell 1000 Value (-0.99)


XLF Forecast + Options Trading Strategies   XLF  Financial Select Sector SPDR (-1.0)





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