SECT Forecast


Bullish Case: With implied volatility forecast at 1% higher than market, SECT shows upward potential. Strong historical returns stimulate positive sentiment, suggesting a bullish momentum may drive prices above $54 post-earnings.


Bearish Case: Increasing market uncertainty coupled with flat recent price action indicates risk of a downward trend. If market conditions worsen, SECT may see a retracement below $50, affecting confidence and investment.


Potential Outcomes:

1. 60% chance of consolidation around $52-$54.

2. 25% chance of an upward breakout above $54.

3. 15% possibility of a pullback to $48 due to market corrections.


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July 24, 2024


Northern Lights Fund Trust IV - Main Sector Rotation Forecast

SECT      Northern Lights Fund Trust IV - Main Sector Rotation











Correlated Assets

Assets that tend to move strongly with SECT



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.91)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.41)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.66)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.71)



Uncorrelated Assets

Assets with little price relationship to SECT



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.41)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.66)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.71)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.91)



Anticorrelated Assets

Assets that tend to move strongly against SECT



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.91)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.41)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.66)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.71)





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