πŸ“Œ Originally published at shunya.trade β€” View with interactive charts & tools.
Shunya.Trade Options Engine

United States Market Post-Market Review

April 07, 202604:30 PM LocalReal-Time Market Data
Gold (GC)
4,734
+1.65%
Nasdaq 100 (NQ)
24,380
+0.09%
S&P 500 (ES)
6,658
+0.11%
Silver (SI)
73.03
+0.50%
Dow Jones (DJI)
46,584
-0.18%
Crude Oil (CL)
112
-0.47%
Natural Gas (NG)
2.84
+1.10%
Volatility Index — CBOE VIX
25.8% High
Gold (GC)
Bearish
4,734
+1.65%
Intraday
Bullish
Daily
Bearish
Weekly
Bearish
Monthly
Bullish
RSI (41.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Sellers have pushed through the 20-day average (4,742), signaling a deterioration in near-term structure. The 41 reading on the momentum gauge signals persistent softness. Sellers maintain the edge until a reclaim of the 50-line. On the MACD front, the histogram is positive and the fast line sits above the signal line β€” textbook bullish configuration. At 11.6x normal volume, the flow data confirms institutional participation. This is a high-conviction move.
Support / Resistance
Support4,101
Resistance5,586
Moving Averages
21-day SMA4,759
50-day SMA4,927
100-day SMA4,639
200-day SMA4,129
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 41.4 is well within the neutral zone, showing balanced momentum without extreme conditions.
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
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)5,586
23.6%5,236
38.2%5,019
50.0%4,844
61.8%4,668
78.6%4,419
Low (100.0%)4,101
Extensions
ExtensionPrice
Ext 1.13 (Up)5,779
Ext 1.272 (Up)5,990
Ext 1.618 (Up)6,504
Ext 1.13 (Dn)3,908
Ext 1.272 (Dn)3,697
Ext 1.618 (Dn)3,183
Trade Setup
Entry
4,734
Stop Loss
4,842
Take Profit
4,517
Risk / Reward
2.0
Sell
Top Options Strategies
Iron Condor67%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread67%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Double Calendar67%
OTM Put Calendar + OTM Call Calendar
Nasdaq 100 (NQ)
Neutral
24,380
+0.09%
Intraday
Bullish
Daily
Neutral
Weekly
Bearish
Monthly
Bearish
RSI (44.0)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 24,290 continues to act as dynamic support β€” price remains above it, reinforcing upside bias. With RSI at 44, the path of least resistance remains to the downside until buyers can reclaim the neutral zone. MACD histogram prints positive, confirming the bullish impulse leg is intact. Across the full 31-strategy universe, Iron Condor captures the highest score at 89%. Alignment across trend, momentum, and vol regime drives the ranking.
Support / Resistance
Support22,962
Resistance26,349
Moving Averages
21-day SMA24,323
50-day SMA24,832
100-day SMA25,129
200-day SMA24,597
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 44.0 is well within the neutral zone, showing balanced momentum without extreme conditions.
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
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)26,349
23.6%25,550
38.2%25,055
50.0%24,655
61.8%24,256
78.6%23,686
Low (100.0%)22,962
Extensions
ExtensionPrice
Ext 1.13 (Up)26,789
Ext 1.272 (Up)27,270
Ext 1.618 (Up)28,442
Ext 1.13 (Dn)22,521
Ext 1.272 (Dn)22,040
Ext 1.618 (Dn)20,868
Trade Setup
Entry
24,380
Stop Loss
24,092
Take Profit
24,958
Risk / Reward
2.0
Neutral
Top Options Strategies
Iron Condor89%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread89%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Double Calendar89%
OTM Put Calendar + OTM Call Calendar
S&P 500 (ES)
Neutral
6,658
+0.11%
Intraday
Bullish
Daily
Neutral
Weekly
Bearish
Monthly
Bearish
RSI (45.8)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 6,623 continues to act as dynamic support β€” price remains above it, reinforcing upside bias. With RSI at 46, the path of least resistance remains to the downside until buyers can reclaim the neutral zone. The moving-average convergence divergence oscillator supports the bull case β€” histogram expanding above the zero line. The structured approach identifies Iron Condor at 89% as the highest-probability play. Risk/reward and regime fit both favour this setup.
Support / Resistance
Support6,353
Resistance7,043
Moving Averages
21-day SMA6,632
50-day SMA6,794
100-day SMA6,828
200-day SMA6,680
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 45.8 is well within the neutral zone, showing balanced momentum without extreme conditions.
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
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)7,043
23.6%6,880
38.2%6,780
50.0%6,698
61.8%6,617
78.6%6,501
Low (100.0%)6,353
Extensions
ExtensionPrice
Ext 1.13 (Up)7,133
Ext 1.272 (Up)7,231
Ext 1.618 (Up)7,469
Ext 1.13 (Dn)6,264
Ext 1.272 (Dn)6,166
Ext 1.618 (Dn)5,927
Trade Setup
Entry
6,658
Stop Loss
6,592
Take Profit
6,791
Risk / Reward
2.0
Neutral
Top Options Strategies
Iron Condor89%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread89%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Double Calendar89%
OTM Put Calendar + OTM Call Calendar
Silver (SI)
Bearish
73.03
+0.50%
Intraday
Bullish
Daily
Bearish
Weekly
Bearish
Monthly
Bullish
RSI (39.2)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day moving average at 75.21 now acts as overhead resistance β€” bears have reclaimed near-term control. RSI at 39 lingers below the midline β€” momentum remains in the bears' hands, though not yet at capitulation levels. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. At 17.6x normal volume, the flow data confirms institutional participation. This is a high-conviction move.
Support / Resistance
Support61.09
Resistance121
Moving Averages
21-day SMA75.63
50-day SMA81.71
100-day SMA74.58
200-day SMA58.22
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 39.2 confirms strong selling momentum, though nearing oversold territory.
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
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)121
23.6%107
38.2%98.30
50.0%91.20
61.8%84.09
78.6%73.97
Low (100.0%)61.09
Extensions
ExtensionPrice
Ext 1.13 (Up)129
Ext 1.272 (Up)138
Ext 1.618 (Up)159
Ext 1.13 (Dn)53.26
Ext 1.272 (Dn)44.71
Ext 1.618 (Dn)23.88
Trade Setup
Entry
73.03
Stop Loss
75.61
Take Profit
67.85
Risk / Reward
2.0
Sell
Top Options Strategies
Bear Call Spread55%
Sell Call + Buy higher Call
Iron Condor55%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread55%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Dow Jones (DJI)
Neutral
46,584
-0.18%
Intraday
Bullish
Daily
Neutral
Weekly
Bearish
Monthly
Bearish
RSI (46.2)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The short-term moving average at 46,395 holds as support, keeping the 20-day trend channel intact for now. The 46 RSI keeps the momentum profile in bear territory. Rallies are selling opportunities until the 50-line is recaptured. The MACD reading adds conviction to the long thesis β€” positive and expanding histogram with a bullish signal-line cross. The structured approach identifies Iron Condor at 93% as the highest-probability play. Risk/reward and regime fit both favour this setup.
Support / Resistance
Support45,057
Resistance50,513
Moving Averages
21-day SMA46,459
50-day SMA48,067
100-day SMA48,097
200-day SMA46,761
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 46.2 is well within the neutral zone, showing balanced momentum without extreme conditions.
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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)50,513
23.6%49,225
38.2%48,429
50.0%47,785
61.8%47,141
78.6%46,225
Low (100.0%)45,057
Extensions
ExtensionPrice
Ext 1.13 (Up)51,222
Ext 1.272 (Up)51,997
Ext 1.618 (Up)53,884
Ext 1.13 (Dn)44,348
Ext 1.272 (Dn)43,573
Ext 1.618 (Dn)41,686
Trade Setup
Entry
46,584
Stop Loss
46,233
Take Profit
47,287
Risk / Reward
2.0
Neutral
Top Options Strategies
Iron Condor93%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread93%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Double Calendar93%
OTM Put Calendar + OTM Call Calendar
Crude Oil (CL)
Strong Bullish
112
-0.47%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (66.7)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Trading above the 20-day SMA (97.54), the asset maintains its bullish price structure β€” dip-buying remains the high-probability play. RSI reading of 67 signals extended positioning. Watch for mean-reversion setups on any loss of momentum. MACD confirms the directional momentum: histogram above zero and widening. The impulse leg has room to extend. The model's top pick is Short Put (Cash-Secured) (86%) β€” the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support60.14
Resistance119
Moving Averages
21-day SMA97.41
50-day SMA79.61
100-day SMA69.12
200-day SMA66.36
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 66.7 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 spikes on down-days warn of active distribution and seller dominance.
Chart Pattern
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)119
23.6%105
38.2%96.81
50.0%89.81
61.8%82.81
78.6%72.84
Low (100.0%)60.14
Extensions
ExtensionPrice
Ext 1.13 (Up)127
Ext 1.272 (Up)136
Ext 1.618 (Up)156
Ext 1.13 (Dn)52.43
Ext 1.272 (Dn)44.00
Ext 1.618 (Dn)23.47
Trade Setup
Entry
112
Stop Loss
107
Take Profit
122
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
Natural Gas (NG)
Strong Bearish
2.84
+1.10%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (39.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day average at 2.99 has failed as support, transitioning into resistance. Price must reclaim it to neutralize the bearish signal. The 40 RSI keeps the momentum profile in bear territory. Rallies are selling opportunities until the 50-line is recaptured. MACD validates the bearish lean: histogram below zero and expanding in negative territory. The impulse leg is to the downside. The model's top pick is Bear Call Spread (80%) β€” the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support2.76
Resistance7.83
Moving Averages
21-day SMA3.00
50-day SMA3.34
100-day SMA3.79
200-day SMA3.51
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 39.9 confirms strong selling momentum, though nearing oversold territory.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)7.83
23.6%6.63
38.2%5.89
50.0%5.29
61.8%4.69
78.6%3.84
Low (100.0%)2.76
Extensions
ExtensionPrice
Ext 1.13 (Up)8.49
Ext 1.272 (Up)9.21
Ext 1.618 (Up)10.96
Ext 1.13 (Dn)2.10
Ext 1.272 (Dn)1.38
Ext 1.618 (Dn)-0.38
Trade Setup
Entry
2.84
Stop Loss
2.94
Take Profit
2.65
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Bear Call Spread80%
Sell Call + Buy higher Call
Broken Wing Butterfly (Calls)80%
Asymmetric call butterfly for credit
Short Call (Naked)73%
Sell Naked Call
Market Search Previews
Key Takeaway
Track GEX (Gamma Exposure) flip levels β€” dealer positioning above/below the GEX zero line drives intraday volatility regimes.
⚠ 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.