AI ZSL Forecast


Bullish Case: A rebounds in silver prices due to rising industrial demand or geopolitical tensions could drive ZSL upwards, exploiting its recent flat price action. The implied volatility is higher than market levels, indicating potential volatility spikes from catalyst events.


Bearish Case: Persistent bearish sentiment, driven by high levels of implied volatility and historical downtrends, may lead ZSL to break lower, especially if profit-taking occurs post-recent stabilizations.


Potential Outcomes:

1. Continued decline below $10 (60%);

2. Recovery to $12 (25%);

3. Major correction to $8 (15%). Recent price action and high volatility stress caution in bullish positioning.


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August 23, 2024


ProShares UltraShort Silver Forecast

ZSL      ProShares UltraShort Silver











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