Bullish Case: UUP historical growth, current neutral AI forecast, and bullish risk premium suggest potential for modest upside, supporting a continued stable or slightly positive trajectory.


Bearish Case: UUP trading below its 200-day moving average with recent price decline and flat implied volatility structure imply ongoing bearish sentiment and limited upside potential.


Potential Outcomes:

1) Market mean-reverts, UUP stabilizes or grows (60%).

2) Bearish trend persists due to economic headwinds, UUP falls (40%).


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April 06, 2024


Invesco DB US Dollar Index Bullish Forecast

UUP        Invesco DB US Dollar Index Bullish
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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Uncorrelated Stock Forecasts

Assets with little price relationship to UUP



IMVT Forecast + Options Trading Strategies   IMVT  Immunovant (-0.0)


RC Forecast + Options Trading Strategies   RC  Ready (-0.0)


SPWR Forecast + Options Trading Strategies   SPWR  Sunpower (0.0)


PRTA Forecast + Options Trading Strategies   PRTA  Prothena (0.0)


HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against UUP



EXR Forecast + Options Trading Strategies   EXR  Extra Space Storage (-0.85)


PSA Forecast + Options Trading Strategies   PSA  Public Storage (-0.85)


MUB Forecast + Options Trading Strategies   MUB  BlackRock Institutional Trust Company N.A. - iShares National Muni Bond (-0.86)


IGLB Forecast + Options Trading Strategies   IGLB  BlackRock Institutional Trust Company N.A. - iShares 10 Year Investment Grade Corporate Bond (-0.87)


VCLT Forecast + Options Trading Strategies   VCLT  Vanguard Long-Term Corporate Bond (-0.87)





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