SPXCY Forecast


Bullish Case: SPXCY demonstrates strong short-term mean reversion, suggesting potential rebound from recent dip. Stable banking sector and positive forecasts for crypto products boost investor confidence.


Bearish Case: Mean reversion could lead to continuing downtrend after slight rebounds. The recent insider selling at DBS and crypto volatility could drive negative sentiment and price decline.


Potential Outcomes:

1. Mean reversion continuing upwards (45%).

2. Deepening trend deviation due to macroeconomic volatility (30%).

3. Mild greens but stagnation due to investor uncertainty (25%).


Trading Oracle: Trade Helium Short Volatility credit spreads on SPXCY with debit spreads skewed slightly bullish. Utilize 3-6 month outlook with focus on local support levels from historical returns around $102. Target 4-7% profit, 1.5:1 reward-risk ratio.


June 30, 2024


Singapore Exchange Forecast

SPXCY      Singapore Exchange











Correlated Assets

Assets that tend to move strongly with SPXCY



TSLA Forecast + Options Trading Strategies   TSLA  Tesla (0.69)


RIVN Forecast + Options Trading Strategies   RIVN  Rivian Automotive (0.65)


GLPI Forecast + Options Trading Strategies   GLPI  Gaming and Leisure Properties (0.65)


RKLB Forecast + Options Trading Strategies   RKLB  Rocket Lab USA (0.64)


APLD Forecast + Options Trading Strategies   APLD  Applied Blockchain (0.64)



Uncorrelated Assets

Assets with little price relationship to SPXCY



DLTR Forecast + Options Trading Strategies   DLTR  Dollar Tree (-0.0)


DBI Forecast + Options Trading Strategies   DBI  Designer Brands (0.0)


NEP Forecast + Options Trading Strategies   NEP  NextEra Energy (0.0)


LPG Forecast + Options Trading Strategies   LPG  Dorian LPG (0.0)


AVB Forecast + Options Trading Strategies   AVB  Avalonbay Communities (0.0)



Anticorrelated Assets

Assets that tend to move strongly against SPXCY



PSX Forecast + Options Trading Strategies   PSX  Phillips 66 (-0.53)


SM Forecast + Options Trading Strategies   SM  SM Energy (-0.53)


VLO Forecast + Options Trading Strategies   VLO  Valero Energy (-0.55)


MPC Forecast + Options Trading Strategies   MPC  Marathon Petroleum (-0.56)


PBF Forecast + Options Trading Strategies   PBF  PBF Energy (-0.61)





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