UDOW Forecast + Trading Strategies


Bullish Case: UDOW's implied volatility term structure shows steeper increases in market implied volatility over time, suggesting potential bullish sentiment. Historical returns support this with a probability skewed towards positive short-term outcomes.


Bearish Case: UDOW implied volatility surface indicates elevated volatility at lower price levels, coupled with flat recent price action and a neutral Helium AI forecast, implying potential downside risk and market hesitance.


Potential Outcomes:

1) UDOW rises (55%) due to positive historical returns and higher implied volatility in the future.

2) UDOW remains flat (30%) with current neutral projections and low trading volume.

3) UDOW declines (15%) driven by market uncertainty and elevated volatility at lower strikes.


Trading Oracle: Sign Up to access trading oracle trade ideas.


June 25, 2024


ProShares UltraPro Dow30 Forecast

UDOW      ProShares UltraPro Dow30











Correlated Assets

Assets that tend to move strongly with UDOW



QQQE Forecast + Options Trading Strategies   QQQE  Direxion Shares ETF Trust - Direxion NASDAQ-100 Equal Weighted Index Shares (0.97)


VIG Forecast + Options Trading Strategies   VIG  Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF (0.96)


SCHD Forecast + Options Trading Strategies   SCHD  Schwab US Dividend Equity (0.96)


FAS Forecast + Options Trading Strategies   FAS  Direxion Daily Financial Bull 3x Shares (0.96)


VXF Forecast + Options Trading Strategies   VXF  Vanguard Group, Inc. - Vanguard Extended Market Index (0.96)



Uncorrelated Assets

Assets with little price relationship to UDOW



ARWR Forecast + Options Trading Strategies   ARWR  Arrowhead Pharmaceuticals (-0.0)


CFLT Forecast + Options Trading Strategies   CFLT  Confluent (0.0)


RUN Forecast + Options Trading Strategies   RUN  Sunrun (0.0)


MAG Forecast + Options Trading Strategies   MAG  MAG Silver (-0.01)


ALGN Forecast + Options Trading Strategies   ALGN  Align Technology (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against UDOW



SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.94)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.94)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.94)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.99)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-1.0)





Become a more profitable investor with AI optimized trading strategies






×

Chat with UDOW


 Ask any question about UDOW!