Bullish Case: Amid recent stability, a Helium AI forecasted rise (1.3%) coupled with bullish risk outweighing bearish by 31% and an upward trend in monthly analysis, predicts short-term growth promoting bullish options strategies.


Bearish Case: Historical trends show significant long-term declines, compelling bearish sentiment. The excessive disparity in implied volatilities underscores potential downside risk, suggesting profitable opportunities in bearish volatility plays.


Potential Outcomes:

1. TZA rises 1.3% as predicted (15% probability).

2. Volatility mismatch (Helium-Market) leads to strategic trading inefficiencies (50% probability).

3. Long-term bearish trend holds, driving prices down (35% probability).


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April 19, 2024


Direxion Daily Small Cap Bear 3X Shares Forecast

TZA        Direxion Daily Small Cap Bear 3X Shares
Price Forecast: BULLISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with TZA



SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (1.0)


HDGE Forecast + Options Trading Strategies   [HDGE]  Advisorshares Trust - Ranger Equity Bear (0.94)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (0.94)


DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (0.94)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to TZA



IONQ Forecast + Options Trading Strategies   [IONQ]  IonQ (-0.0)


BMEA Forecast + Options Trading Strategies   [BMEA]  Biomea Fusion (0.0)


OXY Forecast + Options Trading Strategies   [OXY]  Occidental Petroleum (0.0)


RWT Forecast + Options Trading Strategies   [RWT]  Redwood (0.0)


CNK Forecast + Options Trading Strategies   [CNK]  Cinemark (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against TZA



CODI Forecast + Options Trading Strategies   [CODI]  Compass Diversified (-0.96)


XLI Forecast + Options Trading Strategies   [XLI]  Industrial Select Sector SPDR (-0.97)


UWM Forecast + Options Trading Strategies   [UWM]  ProShares Ultra Russell2000 (-0.97)


NAIL Forecast + Options Trading Strategies   [NAIL]  Direxion Daily Homebuilders & Supplies Bull 3X Shares (-0.97)


RSP Forecast + Options Trading Strategies   [RSP]  Invesco S&P 500 Equal Weight (-0.98)





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