Bullish Case: High bullish risk relative to bearish risk and stable year-over-year price indicate a solid foundation for potential modest uptrend.


Bearish Case: Past price underperformance and consistently flat action point to limited upside, suggesting continued stagnation or mild decline.


Potential Outcomes:

1) Modest uptrend with QYLD rising ~5%: 40% chance.

2) Stagnation persists, QYLD fluctuates within 1-2%: 50% chance.

3) Mild downtrend with QYLD dropping ~5%: 10% chance.


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April 17, 2024


Global X NASDAQ 100 Covered Call Forecast

QYLD        Global X NASDAQ 100 Covered Call
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






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