WANT Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Strong historical returns and high implied volatility suggest potential for upside, as market may react to consumer discretionary sector recovery.




Bearish Case: Elevated implied volatility reflects market uncertainty; high put volume indicates potential downside risk due to economic pressures.




Potential Outcomes: 50% chance of high volatility; 30% chance of slight upward trend; 20% chance of downturn due to macroeconomic factors.



April 08, 2025


Direxion Daily Consumer Discretionary Bull 3X Shares Forecast

WANT        Direxion Daily Consumer Discretionary Bull 3X Shares











Correlated Assets

Assets that tend to move strongly with WANT



IVV Forecast + Options Trading Strategies   IVV  BTC iShares Core S&P 500 (0.96)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (0.94)


IWP Forecast + Options Trading Strategies   IWP  BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Growth (0.94)


AXP Forecast + Options Trading Strategies   AXP  American Express (0.91)


DFS Forecast + Options Trading Strategies   DFS  Discover Financial Services (0.9)



Uncorrelated Assets

Assets with little price relationship to WANT



DAN Forecast + Options Trading Strategies   DAN  Dana (-0.01)


EIX Forecast + Options Trading Strategies   EIX  Edison International (-0.01)


ADI Forecast + Options Trading Strategies   ADI  Analog Devices (0.02)


DELL Forecast + Options Trading Strategies   DELL  Dell (-0.02)


CVX Forecast + Options Trading Strategies   CVX  Chevron (-0.03)



Anticorrelated Assets

Assets that tend to move strongly against WANT



VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.72)


UDN Forecast + Options Trading Strategies   UDN  Invesco DB US Dollar Index Bearish (-0.72)


STM Forecast + Options Trading Strategies   STM  New York Shares (-0.73)


CAL Forecast + Options Trading Strategies   CAL  Caleres (-0.74)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (-0.76)









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