QLD Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: QLD's current low implied volatility indicates potential for price appreciation as market sentiment may improve, supported by historical trends of positive returns over holding periods.




Bearish Case: High near-term implied volatility indicates market uncertainty, suggesting a risk of price decline, especially if economic indicators turn negative or liquidity issues arise.




Potential Outcomes:

1) 60% chance of <1% increase in price due to bullish sentiment.

2) 25% chance of flat performance as market digests recent gains.

3) 15% chance of >1% decline from unforeseen economic data.




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October 20, 2024


ProShares Ultra QQQ Forecast

QLD        ProShares Ultra QQQ











Correlated Assets

Assets that tend to move strongly with QLD



XLK Forecast + Options Trading Strategies   XLK  Technology Select Sector SPDR (1.0)


TQQQ Forecast + Options Trading Strategies   TQQQ  ProShares UltraPro QQQ (1.0)


QQQM Forecast + Options Trading Strategies   QQQM  Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 (0.99)


IVW Forecast + Options Trading Strategies   IVW  BlackRock Institutional Trust Company N.A. - iShares S&P 500 Growth (0.98)


SPYG Forecast + Options Trading Strategies   SPYG  SPDR Portfolio S&P 500 Growth (0.98)



Uncorrelated Assets

Assets with little price relationship to QLD



FXE Forecast + Options Trading Strategies   FXE  Invesco CurrencyShares Euro (-0.0)


EXPI Forecast + Options Trading Strategies   EXPI  eXp World (0.0)


SWK Forecast + Options Trading Strategies   SWK  Stanley Black & Decker (0.01)


IMNM Forecast + Options Trading Strategies   IMNM  Immunome (-0.01)


CFLT Forecast + Options Trading Strategies   CFLT  Confluent (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against QLD



TXG Forecast + Options Trading Strategies   TXG  10x Genomics (-0.86)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.87)


COUR Forecast + Options Trading Strategies   COUR  Coursera (-0.88)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.92)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.96)









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