FXN Forecast

First Trust Energy AlphaDEX Forecast

FXN        First Trust Energy AlphaDEX











Correlated Assets

Assets that tend to move strongly with FXN



OVV Forecast + Options Trading Strategies   OVV  Ovintiv (0.96)


PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (0.9)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.81)


CLSK Forecast + Options Trading Strategies   CLSK  Cleanspark (0.81)


ATKR Forecast + Options Trading Strategies   ATKR  Atkore (0.8)



Uncorrelated Assets

Assets with little price relationship to FXN



CL Forecast + Options Trading Strategies   CL  Colgate-Palmolive (0.0)


UWM Forecast + Options Trading Strategies   UWM  ProShares Ultra Russell2000 (-0.01)


PHM Forecast + Options Trading Strategies   PHM  PulteGroup (0.01)


MRVL Forecast + Options Trading Strategies   MRVL  Marvell Technology (-0.01)


FSK Forecast + Options Trading Strategies   FSK  FS KKR (0.02)



Anticorrelated Assets

Assets that tend to move strongly against FXN



SCO Forecast + Options Trading Strategies   SCO  ProShares UltraShort Bloomberg Crude Oil (-0.7)


AGI Forecast + Options Trading Strategies   AGI  Alamos Gold (-0.74)


DUK Forecast + Options Trading Strategies   DUK  Duke Energy (-0.76)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.76)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.77)









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