ROBO Forecast


Bullish Case: ROBO benefits from AI advances, automation growth, and lower implied volatility. Recent adoption spikes and long-term investments boost the index value.


Bearish Case: ROBO faces uncertain AI impacts, recent price declines, and higher volatility disparities. Prolonged flat performance and bearish momentum pose risks.


Potential Outcomes: Flat price: 70%, moderate rise: 15%, moderate drop: 10%, major drop: 5%. AI adoption, automation disruption, and market sentiment drive outcomes.


Trading Oracle: Sell 58.00/57.00 call credit spread expiring 09/20/24. Favorable Helium volatility, recent flat trend, and high-probability bearish short-term outlook. Balanced risk-reward strategy.


July 23, 2024


Exchange Traded Concepts Trust - ETCT ROBO Global Robotics and Automation Index Forecast

ROBO      Exchange Traded Concepts Trust - ETCT ROBO Global Robotics and Automation Index











Correlated Assets

Assets that tend to move strongly with ROBO



URTY Forecast + Options Trading Strategies   URTY  ProShares UltraPro Russell2000 (0.96)


DOCN Forecast + Options Trading Strategies   DOCN  DigitalOcean (0.93)


MGNI Forecast + Options Trading Strategies   MGNI  Magnite (0.88)


TPR Forecast + Options Trading Strategies   TPR  Tapestry (0.87)


UWM Forecast + Options Trading Strategies   UWM  ProShares Ultra Russell2000 (0.87)



Uncorrelated Assets

Assets with little price relationship to ROBO



SNY Forecast + Options Trading Strategies   SNY  Sanofi (-0.0)


EWH Forecast + Options Trading Strategies   EWH  BlackRock Institutional Trust Company N.A. - iShares MSCI Hong Kong (0.0)


DQ Forecast + Options Trading Strategies   DQ  Daqo New Energy (0.0)


MTDR Forecast + Options Trading Strategies   MTDR  Matador Resources (-0.0)


YCL Forecast + Options Trading Strategies   YCL  ProShares Ultra Yen (0.01)



Anticorrelated Assets

Assets that tend to move strongly against ROBO



HNRG Forecast + Options Trading Strategies   HNRG  Hallador Energy (-0.68)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.72)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.72)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.75)


UUP Forecast + Options Trading Strategies   UUP  Invesco DB US Dollar Index Bullish (-0.79)





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