Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — India VIX
25.5% Very High
Bovespa (Brazil)
Strong Bullish187,953.00
+0.26%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (64.8)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Trading above the 20-day SMA (181,680), the asset maintains its bullish price structure — dip-buying remains the high-probability play. Momentum at 65 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. The model's top pick is Short Put (Cash-Secured) (80%) — the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support163,575.00
Resistance192,624.00
Moving Averages
21-day SMA181,855.38
50-day SMA183,231.30
100-day SMA171,234.94
200-day SMA155,633.34
Moving Average Signals
Bearish short-term cross (21-EMA crossed below 50-SMA) — Trend accelerating downward
Momentum (RSI)
RSI at 64.8 confirms strong buying momentum, with room to run before becoming extremely overbought.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 192,624.00 |
| 23.6% | 185,768.44 |
| 38.2% | 181,527.28 |
| 50.0% | 178,099.50 |
| 61.8% | 174,671.72 |
| 78.6% | 169,791.49 |
| Low (100.0%) | 163,575.00 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 196,400.37 |
| Ext 1.272 (Up) | 200,525.33 |
| Ext 1.618 (Up) | 210,576.28 |
| Ext 1.13 (Dn) | 159,798.63 |
| Ext 1.272 (Dn) | 155,673.67 |
| Ext 1.618 (Dn) | 145,622.72 |
Trade Setup
Entry
187,953.00
Stop Loss
185,777.70
Take Profit
192,303.60
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Short Put (Cash-Secured)80%
Sell OTM Put
Covered Call80%
Own shares + Sell OTM Call
Bull Put Spread80%
Sell Put + Buy lower Put
Market Search Previews
Key Takeaway
Track Selic rate expectations via DI futures curve alongside Ibovespa OI shifts for rate-sensitive sector trades.
⚠ Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice. Options trading involves significant risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.