UDN Forecast


Bullish Case: UDN shows mean-reverting behavior and recent slight uptick. Lower volatility indicates reduced risk, favoring small gains in the near term.


Bearish Case: Historical trends and mean-reverting nature point to continued downside pressure. High implied volatility near term indicates potential for significant declines.


Potential Outcomes:

1. Steady prices (50%) - Mean reversion;

2. Decline (40%) - Historical trends and bearish pressure;

3. Uptick (10%) - Short-term mean reversion.


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July 17, 2024


Invesco DB US Dollar Index Bearish Forecast

UDN      Invesco DB US Dollar Index Bearish











Correlated Assets

Assets that tend to move strongly with UDN



BLUE Forecast + Options Trading Strategies   BLUE  Bluebird bio (0.9)


CAR Forecast + Options Trading Strategies   CAR  Avis Budget (0.88)


PACB Forecast + Options Trading Strategies   PACB  Pacific Biosciences of California (0.88)


JKS Forecast + Options Trading Strategies   JKS  JinkoSolar (0.88)


PPSI Forecast + Options Trading Strategies   PPSI  Pioneer Power (0.87)



Uncorrelated Assets

Assets with little price relationship to UDN



UAL Forecast + Options Trading Strategies   UAL  United Airlines (0.0)


UGI Forecast + Options Trading Strategies   UGI  UGI (-0.0)


KMB Forecast + Options Trading Strategies   KMB  Kimberly-Clark (-0.0)


IONS Forecast + Options Trading Strategies   IONS  Ionis Pharmaceuticals (-0.0)


UNIT Forecast + Options Trading Strategies   UNIT  Uniti (0.01)



Anticorrelated Assets

Assets that tend to move strongly against UDN



PGR Forecast + Options Trading Strategies   PGR  Progressive (-0.85)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.85)


SFM Forecast + Options Trading Strategies   SFM  Sprouts Farmers Market (-0.85)


STNG Forecast + Options Trading Strategies   STNG  Scorpio Tankers (-0.85)


MPC Forecast + Options Trading Strategies   MPC  Marathon Petroleum (-0.87)





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