Bullish Case: JNUG's recent 41.4% price surge over 90 days and favorable AI volatility outlook, coupled with a persistent bullish risk imbalance, signal strong near-term growth potential amidst volatile gold markets.


Bearish Case: JNUG's significant 57.7% decline over two years and consistent mean-reversion patterns, combined with flat volatility terms, hint at potential downtrends or stagnant price actions ahead.


Potential Outcomes:

1) JNUG appreciates: 30% probability, driven by market speculation and Helium AI's bullish outlook.

2) JNUG declines or flattens: 70% probability, underpinned by historical performance and mean-reversion indicators.


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April 18, 2024


Direxion Daily Junior Gold Miners Index Bu Forecast

JNUG        Direxion Daily Junior Gold Miners Index Bu
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

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SILJ Forecast + Options Trading Strategies   SILJ  ETF Managers Group LLC - ETFMG Prime Junior Silver Miners (0.96)


GDXJ Forecast + Options Trading Strategies   GDXJ  VanEck Vectors Junior Gold Miners (0.95)


SIL Forecast + Options Trading Strategies   SIL  Global X Funds - Global X Silver Miners (0.94)


AGQ Forecast + Options Trading Strategies   AGQ  ProShares Ultra Silver (0.89)


SAND Forecast + Options Trading Strategies   SAND  Sandstorm Gold (0.88)



Uncorrelated Stock Forecasts

Assets with little price relationship to JNUG



RKLB Forecast + Options Trading Strategies   RKLB  Rocket Lab USA (0.0)


WM Forecast + Options Trading Strategies   WM  Waste Management (-0.0)


OSCR Forecast + Options Trading Strategies   OSCR  Oscar Health (0.0)


SANM Forecast + Options Trading Strategies   SANM  Sanmina (0.0)


SQSP Forecast + Options Trading Strategies   SQSP  Squarespace (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against JNUG



GSHD Forecast + Options Trading Strategies   GSHD  Goosehead Insurance (-0.67)


VRSK Forecast + Options Trading Strategies   VRSK  Verisk Analytics (-0.7)


GRPN Forecast + Options Trading Strategies   GRPN  Groupon (-0.72)


HDSN Forecast + Options Trading Strategies   HDSN  Hudson Technologies (-0.73)


JDST Forecast + Options Trading Strategies   JDST  Direxion Daily Junior Gold Miners Index Be (-0.74)





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