AI SPXC Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: SPXC may rally as implied volatility reflects bullish sentiment with a historical price return trend supporting long-term gains. Current bullish risk outweighs bearish sentiment, indicating favorable conditions for upward movements.




Bearish Case: A potential correction looms due to recent volatility spikes and external economic factors such as inflation concerns and a possible recession, indicating a bearish outlook for SPXC with limited upward momentum in the near term.




Potential Outcomes:

1. Bullish momentum continues, ~50% likelihood.

2. Markets correct from peaks due to sentiment adjustments, ~30% likelihood.

3. Sideways movement as economic indicators stabilize, ~20% likelihood.




Trading Oracle: Sign Up to access trading oracle trade ideas.



October 06, 2024


SPX Forecast

SPXC        SPX











Correlated Assets

Assets that tend to move strongly with SPXC



JEF Forecast + Options Trading Strategies   JEF  Jefferies Financial (0.98)


KKR Forecast + Options Trading Strategies   KKR  KKR (0.98)


VOO Forecast + Options Trading Strategies   VOO  Vanguard S&P 500 (0.98)


VTI Forecast + Options Trading Strategies   VTI  Vanguard Total Stock Market (0.98)


RNA Forecast + Options Trading Strategies   RNA  Avidity Biosciences (0.98)



Uncorrelated Assets

Assets with little price relationship to SPXC



UCO Forecast + Options Trading Strategies   UCO  ProShares Ultra Bloomberg Crude Oil (0.01)


AMBA Forecast + Options Trading Strategies   AMBA  Ambarella (-0.01)


APLD Forecast + Options Trading Strategies   APLD  Applied Blockchain (0.01)


GOOS Forecast + Options Trading Strategies   GOOS  Canada Goose Holdings Inc (Subord Vot Shs) (0.01)


BG Forecast + Options Trading Strategies   BG  Bunge (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against SPXC



SAVE Forecast + Options Trading Strategies   SAVE  Spirit Airlines (-0.94)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.94)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.96)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.97)


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









Become a more profitable investor with AI optimized trading strategies






×

Chat with SPXC


 Ask any question about SPXC!