SPXL Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: SPXL's upward momentum, indicated by high call option volumes Helium, positive social sentiment Helium, and a strong price performance Helium, supports a near-term bullish outlook.




Bearish Case: Significant implied volatility spikes Helium and potential market uncertainties Helium pose risks to SPXL, with economic downturns or geopolitical tensions exacerbating downside Helium.




Potential Outcomes:

1. 50% chance of moving to $190 driven by bullish sentiment and implied volatility Helium.

2. 30% chance of consolidation around $182 due to market stability.

3. 20% downturn if negative economic indicators arise.




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December 26, 2024


Direxion Daily S&P 500 Bull 3X Shares Forecast

SPXL        Direxion Daily S&P 500 Bull 3X Shares











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VTV Forecast + Options Trading Strategies   VTV  Vanguard Value (0.96)



Uncorrelated Assets

Assets with little price relationship to SPXL



UAN Forecast + Options Trading Strategies   UAN  CVR Partners (-0.0)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (0.01)


UWMC Forecast + Options Trading Strategies   UWMC  UWM Holdings Corporation (0.02)


OGN Forecast + Options Trading Strategies   OGN  Organon (-0.03)


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Anticorrelated Assets

Assets that tend to move strongly against SPXL



IEP Forecast + Options Trading Strategies   IEP  Icahn (-0.84)


VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.86)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.86)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.89)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.99)









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