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Bullish Case: Amid historically low prices, mean reversion possible if market downturn; Helium AI's neutral short-term forecast may imply upcoming positive sentiment shift.


Bearish Case: Persistent downtrend and flat price action indicate inherent bearish sentiment; expectation for further decreases amidst absence of bullish catalysts.


Potential Outcomes:

1. 60% market remains stable, SPXS trades flat or downtrends slightly.

2. 25% unexpected market event spikes volatility, SPXS climbs briefly.

3. 15% SPXS downtrend accelerates on market optimism.


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March 27, 2024


Direxion Daily S&P 500 Bear 3X Shares Forecast

SPXS        Direxion Daily S&P 500 Bear 3X Shares
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with SPXS



SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (0.98)


DOG Forecast + Options Trading Strategies   DOG  ProShares Short Dow30 (0.97)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (0.97)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (0.97)


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



Uncorrelated Stock Forecasts

Assets with little price relationship to SPXS



NVS Forecast + Options Trading Strategies   NVS  Novartis (-0.0)


CCI Forecast + Options Trading Strategies   CCI  Crown Castle International (-0.0)


SON Forecast + Options Trading Strategies   SON  Sonoco Products (0.0)


MBB Forecast + Options Trading Strategies   MBB  BTC iShares MBS (-0.01)


ARKG Forecast + Options Trading Strategies   ARKG  ARK Investment Management LLC - ARK Genomic Revolution (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SPXS



UPRO Forecast + Options Trading Strategies   UPRO  ProShares UltraPro S&P 500 (-1.0)


VTI Forecast + Options Trading Strategies   VTI  Vanguard Total Stock Market (-1.0)


SPLG Forecast + Options Trading Strategies   SPLG  SPDR Series Trust - SPDR Portfolio S&P 500 (-1.0)


IVV Forecast + Options Trading Strategies   IVV  BTC iShares Core S&P 500 (-1.0)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (-1.0)





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