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Bullish Case: Rising market sentiments with Helium's volatility forecast showing lower uncertainty than the market, signaling confidence. Historical performance points to favorable returns in the short term.


Bearish Case: Recent negative price action and flat trends suggest potential stagnation or correction, compounded by Helium's neutral short-term outlook and diminishing implied volatility.


Potential Outcomes:

1) 60% chance of moderate gains due to favorable Helium forecasts.

2) 30% likelihood of flat trading riding on neutral trends.

3) 10% chance of a corrective dip amid declining volatility.


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April 18, 2024


Invesco S&P 500 Equal Weight Forecast

RSP        Invesco S&P 500 Equal Weight
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with RSP



DGRO Forecast + Options Trading Strategies   [DGRO]  iShares Core Dividend Growth (0.99)


XRT Forecast + Options Trading Strategies   [XRT]  SPDR Retail (0.98)


XLI Forecast + Options Trading Strategies   [XLI]  Industrial Select Sector SPDR (0.98)


VIG Forecast + Options Trading Strategies   [VIG]  Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF (0.97)


NAIL Forecast + Options Trading Strategies   [NAIL]  Direxion Daily Homebuilders & Supplies Bull 3X Shares (0.97)



Uncorrelated Stock Forecasts

Assets with little price relationship to RSP



NEOG Forecast + Options Trading Strategies   [NEOG]  Neogen (0.0)


BMEA Forecast + Options Trading Strategies   [BMEA]  Biomea Fusion (0.01)


AGQ Forecast + Options Trading Strategies   [AGQ]  ProShares Ultra Silver (0.01)


JACK Forecast + Options Trading Strategies   [JACK]  Jack In The Box (-0.01)


MRO Forecast + Options Trading Strategies   [MRO]  Marathon Oil (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against RSP



SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.96)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.96)


DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (-0.96)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.98)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.98)





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