SPXU Forecast + Trading Strategies


Bullish Case: Rapid and significant recent SPXU gains may entice bullish sentiment if S&P 500 faces instability, potentially leveraging heightened market uncertainty and increased trading volume.


Bearish Case: SPXU bears historic multi-year downtrend despite occasional spikes, likely to continue as long as broader market remains strong. Recent flat price action supports potential continuation of this trend.


Potential Outcomes:

1. Short-term spike (20%) due to temporary market fear.

2. Continued long-term downside (70%) aligning with S&P 500 growth.

3. Unpredictable sharp downturn in S&P 500 boosting SPXU (10%).


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May 07, 2024


ProShares UltraPro Short S&P 500 Forecast

SPXU        ProShares UltraPro Short S&P 500
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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