Bullish Case: Historical upward price trajectory and consistent institutional investments suggest favorable market sentiment for IWO growth prospects. Recent price stabilization may precede bullish breakout.


Bearish Case: Backwardation in the options term structure indicates near-term uncertainty and potential volatility; recent negative price action may persist if broader market sentiment declines.


Potential Outcomes:

1. Flat market with increased volatility: 40%, due to backwardation.

2. Gradual uptrend: 45%, aligned with institutional activity.

3. Sharp downturn: 15%, if broader sentiment wanes.


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April 05, 2024


iShares Russell 2000 Growth Forecast

IWO        iShares Russell 2000 Growth
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with IWO



UWM Forecast + Options Trading Strategies   [UWM]  ProShares Ultra Russell2000 (0.99)


VTWO Forecast + Options Trading Strategies   [VTWO]  Vanguard Russell 2000 Index (0.98)


TNA Forecast + Options Trading Strategies   [TNA]  Direxion Daily Small Cap Bull 3X Shares (0.97)


QRVO Forecast + Options Trading Strategies   [QRVO]  Qorvo (0.96)


RSP Forecast + Options Trading Strategies   [RSP]  Invesco S&P 500 Equal Weight (0.95)



Uncorrelated Stock Forecasts

Assets with little price relationship to IWO



RRC Forecast + Options Trading Strategies   [RRC]  Range Resources (-0.0)


MANU Forecast + Options Trading Strategies   [MANU]  Manchester United Plc. (-0.0)


GFS Forecast + Options Trading Strategies   [GFS]  GlobalFoundries (-0.0)


ADC Forecast + Options Trading Strategies   [ADC]  Agree Realty (0.0)


EVRG Forecast + Options Trading Strategies   [EVRG]  Evergy (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against IWO



SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.86)


SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.87)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.88)


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


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.97)





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