Bullish Case: Despite a bearish long-term trend, a recent uptick and AI forecast suggest a potential for SDOW price recovery, particularly in near-term options.


Bearish Case: SDOW's historical underperformance and low trading volume imply a likely continuation of the downtrend, with bearish risk outpacing bullish.


Potential Outcomes: Near-term rebound given market volatility is possible (40%). Continued downtrend aligns with history and current sentiment (60%).


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April 12, 2024


ProShares UltraPro Short Dow30 Forecast

SDOW        ProShares UltraPro Short Dow30
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with SDOW



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (1.0)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (0.98)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (0.94)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (0.94)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to SDOW



SUPN Forecast + Options Trading Strategies   SUPN  Supernus Pharmaceuticals (-0.0)


PZZA Forecast + Options Trading Strategies   PZZA  Papa John's International (-0.0)


BYD Forecast + Options Trading Strategies   BYD  Boyd Gaming (0.01)


KBR Forecast + Options Trading Strategies   KBR  KBR (0.01)


ABR Forecast + Options Trading Strategies   ABR  Arbor Realty (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SDOW



ITB Forecast + Options Trading Strategies   ITB  BTC iShares U.S. Home Construction (-0.98)


IVV Forecast + Options Trading Strategies   IVV  BTC iShares Core S&P 500 (-0.98)


VIG Forecast + Options Trading Strategies   VIG  Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF (-0.99)


FAS Forecast + Options Trading Strategies   FAS  Direxion Daily Financial Bull 3x Shares (-0.99)


UDOW Forecast + Options Trading Strategies   UDOW  ProShares UltraPro Dow30 (-0.99)





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