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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
21.2% High
Bovespa (Brazil)
Strong Bullish192,201
+2.09%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (72.1)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price holds above the 20-day moving average at 183,304, preserving the near-term bullish structure. RSI has climbed to 72, putting the tape in overbought territory. New directional longs carry elevated reversal risk. On the MACD front, the histogram is positive and the fast line sits above the signal line — textbook bullish configuration. Elevated volume (1.3x average) validates the current price action — the move has sponsorship.
Support / Resistance
Support175,039
Resistance193,759
Moving Averages
21-day SMA183,311
50-day SMA184,514
100-day SMA172,688
200-day SMA156,647
Moving Average Signals
Bullish short-term cross (21-EMA crossed above 50-SMA) — Trend accelerating upward
Momentum (RSI)
RSI is extremely high at 72.1 (Overbought), indicating price is extended and a pullback is likely.
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
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 193,759 |
| 23.6% | 189,341 |
| 38.2% | 186,608 |
| 50.0% | 184,399 |
| 61.8% | 182,190 |
| 78.6% | 179,045 |
| Low (100.0%) | 175,039 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 196,193 |
| Ext 1.272 (Up) | 198,851 |
| Ext 1.618 (Up) | 205,328 |
| Ext 1.13 (Dn) | 172,605 |
| Ext 1.272 (Dn) | 169,947 |
| Ext 1.618 (Dn) | 163,470 |
Trade Setup
Entry
192,201
Stop Loss
189,978
Take Profit
196,648
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Short Put (Cash-Secured)77%
Sell OTM Put
Covered Call77%
Own shares + Sell OTM Call
Bull Put Spread77%
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.