KOLD Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: KOLD shows an increasing trend in implied volatility with a bullish forecast supported by upcoming cold weather projections, likely enhancing natural gas demand. Price momentum from recent gains further strengthens this outlook.




Bearish Case: Despite recent bullish movements, KOLD remains historically volatile, with implied volatility indicating potential overbought conditions. Mean reversion trends suggest a risk of retracement back to lower levels.




Potential Outcomes:

1. 40% chance of continued growth due to cold weather spikes.

2. 30% chance of mean reverting back to lower prices.

3. 20% chance of volatility spikes disrupting trend, affecting price direction.

4. 10% chance of sideways movement amidst market uncertainty.




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November 08, 2024


ProShares UltraShort Bloomberg Natural Gas Forecast

KOLD        ProShares UltraShort Bloomberg Natural Gas











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