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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
25.1% High
Bovespa (Brazil)
Strong Bullish188,052
+0.05%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (68.7)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Buyers defend the 20-day SMA at 182,059 — the near-term trend structure remains intact. Momentum oscillator at 69 enters overbought territory — the tape is stretched and vulnerable to profit-taking. On the MACD front, the histogram is positive and the fast line sits above the signal line — textbook bullish configuration. The scoring engine flags Short Put (Cash-Secured) with a 86% conviction score — the strongest signal in today's scan.
Support / Resistance
Support166,278
Resistance192,624
Moving Averages
21-day SMA181,983
50-day SMA183,667
100-day SMA171,608
200-day SMA155,877
Moving Average Signals
Bearish short-term cross (21-EMA crossed below 50-SMA) — Trend accelerating downward
Momentum (RSI)
RSI at 68.7 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 is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
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 |
| 23.6% | 186,406 |
| 38.2% | 182,560 |
| 50.0% | 179,451 |
| 61.8% | 176,342 |
| 78.6% | 171,916 |
| Low (100.0%) | 166,278 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 196,049 |
| Ext 1.272 (Up) | 199,790 |
| Ext 1.618 (Up) | 208,906 |
| Ext 1.13 (Dn) | 162,853 |
| Ext 1.272 (Dn) | 159,112 |
| Ext 1.618 (Dn) | 149,996 |
Trade Setup
Entry
188,052
Stop Loss
185,861
Take Profit
192,434
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Short Put (Cash-Secured)86%
Sell OTM Put
Covered Call86%
Own shares + Sell OTM Call
Bull Put Spread86%
Sell Put + Buy lower Put
Market Search Previews
Key Takeaway
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
⚠ 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.