GURU Forecast


Bullish Case: GURU has shown strong long-term tendencies with high returns for extended holdings. Implied volatility alignment suggests moderate bullish sentiment, indicating potential price rises. Limited upcoming volatility suggests stability.


Bearish Case: GURU's historical flat performance amidst market uncertainty and high implied volatility suggests caution. Helium's slightly higher volatility forecast over the market indicates potential vulnerability to downward shifts.


Potential Outcomes: 40% moderate growth (5-10%) amid positive sentiment; 30% chance of market correction (-10-15%) due to macroeconomic factors; 20% stability; 10% sharp rise/fall by unforeseen events.


Trading Oracle: Trade debit spreads with a bullish bias, given the potential moderate growth. Execute a 2-3 month $44 Call paired with $47 Call debit spread strategy. Historically low near-term volatility aligns with limited risk. Bullish, low risk, high reward strategy.


July 18, 2024


Global X Guru Index Forecast

GURU      Global X Guru Index











Correlated Assets

Assets that tend to move strongly with GURU



UPRO Forecast + Options Trading Strategies   UPRO  ProShares UltraPro S&P 500 (0.99)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (0.99)


SPLG Forecast + Options Trading Strategies   SPLG  SPDR Series Trust - SPDR Portfolio S&P 500 (0.98)


VYM Forecast + Options Trading Strategies   VYM  Vanguard High Dividend Yield Indx (0.98)


VOO Forecast + Options Trading Strategies   VOO  Vanguard S&P 500 (0.98)



Uncorrelated Assets

Assets with little price relationship to GURU



DINO Forecast + Options Trading Strategies   DINO  HF Sinclair (-0.0)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.0)


RIOT Forecast + Options Trading Strategies   RIOT  Riot Blockchain (0.01)


AWK Forecast + Options Trading Strategies   AWK  American Water Works (-0.01)


ALGN Forecast + Options Trading Strategies   ALGN  Align Technology (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against GURU



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.96)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.96)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.96)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.98)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.98)





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