π Originally published at shunya.trade β View with interactive charts & tools.
Shunya.Trade Options Engine
United States Market Pre-Market Analysis
Volatility Index — CBOE VIX
21.2% High
Gold (GC)
Neutral4,768
+0.38%
Intraday
Bearish
Daily
Neutral
Weekly
Bearish
Monthly
Bullish
RSI (57.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA (4,694) remains unbroken on the downside β bulls retain structural control of the near-term tape. With RSI at 57, the momentum profile supports continued upside. The oscillator has headroom before overbought levels trigger caution. MACD histogram remains in positive territory, underpinning the current directional move. Elevated volume (7.9x average) validates the current price action β the move has sponsorship.
Support / Resistance
Support4,101
Resistance5,586
Moving Averages
21-day SMA4,717
50-day SMA4,913
100-day SMA4,650
200-day SMA4,143
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 57.1 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
| Level | Price |
|---|---|
| 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
| Extension | Price |
|---|---|
| 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
4,768
Stop Loss
4,688
Take Profit
4,927
Risk / Reward
2.0
Neutral
Top Options Strategies
Iron Condor82%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread82%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Double Calendar82%
OTM Put Calendar + OTM Call Calendar
Nasdaq 100 (NQ)
Strong Bullish25,038
-0.14%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (59.0)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Buyers defend the 20-day SMA at 24,297 β the near-term trend structure remains intact. Momentum at 59 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. On the MACD front, the histogram is positive and the fast line sits above the signal line β textbook bullish configuration. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support22,962
Resistance26,349
Moving Averages
21-day SMA24,330
50-day SMA24,796
100-day SMA25,118
200-day SMA24,625
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 59.0 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
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
| Level | Price |
|---|---|
| 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
| Extension | Price |
|---|---|
| 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
25,038
Stop Loss
24,691
Take Profit
25,733
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Short Put (Cash-Secured)84%
Sell OTM Put
Covered Call84%
Own shares + Sell OTM Call
Bull Put Spread84%
Sell Put + Buy lower Put
S&P 500 (ES)
Strong Bullish6,809
-0.22%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (62.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term structure remains constructive with price trading above the 20-day SMA (6,626). With RSI at 62, the momentum profile supports continued upside. The oscillator has headroom before overbought levels trigger caution. Momentum confirmation from MACD β the signal line crossover is bullish and the histogram continues to expand. At 0.1x average volume, the move is thinly traded. Liquidity gaps could trigger sharp reversals on any catalyst.
Support / Resistance
Support6,353
Resistance7,043
Moving Averages
21-day SMA6,634
50-day SMA6,787
100-day SMA6,827
200-day SMA6,687
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 62.1 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%) | 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
| Extension | Price |
|---|---|
| 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
6,809
Stop Loss
6,730
Take Profit
6,967
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
Silver (SI)
Bearish74.33
-1.19%
Intraday
Bearish
Daily
Bearish
Weekly
Bearish
Monthly
Bullish
RSI (56.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The short-term moving average at 73.92 holds as support, keeping the 20-day trend channel intact for now. Momentum at 56 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. MACD histogram remains in positive territory, underpinning the current directional move. Volume prints 15.4x above the 20-day average β institutional conviction backs the move.
Support / Resistance
Support61.09
Resistance121
Moving Averages
21-day SMA74.45
50-day SMA80.27
100-day SMA75.03
200-day SMA58.60
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 56.5 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 spikes on down-days warn of active distribution and seller dominance.
Chart Pattern
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| 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
| Extension | Price |
|---|---|
| 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
74.33
Stop Loss
76.56
Take Profit
69.86
Risk / Reward
2.0
Sell
Top Options Strategies
Iron Condor54%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread54%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Double Calendar54%
OTM Put Calendar + OTM Call Calendar
Dow Jones (DJI)
Bullish47,910
+2.85%
Intraday
Bullish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (64.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Trading above the 20-day SMA (46,405), the asset maintains its bullish price structure β dip-buying remains the high-probability play. With RSI at 64, the momentum profile supports continued upside. The oscillator has headroom before overbought levels trigger caution. MACD confirms the directional momentum: histogram above zero and widening. The impulse leg has room to extend. Short Put (Cash-Secured) leads the strategy table at 54% β directional bias and vol regime both align.
Support / Resistance
Support45,057
Resistance50,513
Moving Averages
21-day SMA46,467
50-day SMA48,037
100-day SMA48,096
200-day SMA46,790
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 64.1 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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
| Level | Price |
|---|---|
| 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
| Extension | Price |
|---|---|
| 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
47,910
Stop Loss
47,461
Take Profit
48,807
Risk / Reward
2.0
Buy
Top Options Strategies
Short Put (Cash-Secured)54%
Sell OTM Put
Covered Call54%
Own shares + Sell OTM Call
Bull Put Spread54%
Sell Put + Buy lower Put
Crude Oil (CL)
Strong Bullish99.85
+5.76%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (52.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price holds above the 20-day moving average at 98.77, preserving the near-term bullish structure. The oscillator at 53 reflects sustained buying interest β bulls control the momentum channel. Momentum confirmation is bearish β MACD histogram negative and signal-line crossover pointing lower. Low-conviction tape β volume at 0.3x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support61.12
Resistance119
Moving Averages
21-day SMA98.22
50-day SMA81.06
100-day SMA69.87
200-day SMA66.67
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 52.6 is well within the neutral zone, showing balanced momentum without extreme conditions.
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
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 119 |
| 23.6% | 106 |
| 38.2% | 97.19 |
| 50.0% | 90.30 |
| 61.8% | 83.41 |
| 78.6% | 73.61 |
| Low (100.0%) | 61.12 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 127 |
| Ext 1.272 (Up) | 135 |
| Ext 1.618 (Up) | 156 |
| Ext 1.13 (Dn) | 53.53 |
| Ext 1.272 (Dn) | 45.25 |
| Ext 1.618 (Dn) | 25.05 |
Trade Setup
Entry
99.85
Stop Loss
94.26
Take Profit
111
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Short Put (Cash-Secured)62%
Sell OTM Put
Covered Call62%
Own shares + Sell OTM Call
Bull Put Spread62%
Sell Put + Buy lower Put
Natural Gas (NG)
Strong Bearish2.72
-0.22%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (27.5)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term weakness is evident with price trading below the 20-day SMA (2.96). RSI has collapsed to 28, indicating capitulation-grade selling. Contrarian risk/reward is compelling if support holds. The moving-average convergence divergence reading confirms downside pressure with a negative and deepening histogram. Thin participation (0.2x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support2.70
Resistance7.83
Moving Averages
21-day SMA2.97
50-day SMA3.18
100-day SMA3.75
200-day SMA3.50
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely low at 27.5 (Oversold), suggesting selling pressure may have exhausted and a bounce is possible.
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
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 7.83 |
| 23.6% | 6.62 |
| 38.2% | 5.87 |
| 50.0% | 5.26 |
| 61.8% | 4.66 |
| 78.6% | 3.80 |
| Low (100.0%) | 2.70 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 8.49 |
| Ext 1.272 (Up) | 9.22 |
| Ext 1.618 (Up) | 10.99 |
| Ext 1.13 (Dn) | 2.04 |
| Ext 1.272 (Dn) | 1.31 |
| Ext 1.618 (Dn) | -0.47 |
Trade Setup
Entry
2.72
Stop Loss
2.80
Take Profit
2.55
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Bear Call Spread77%
Sell Call + Buy higher Call
Broken Wing Butterfly (Calls)77%
Asymmetric call butterfly for credit
Short Call (Naked)70%
Sell Naked Call
Market Search Previews
Key Takeaway
Monitor US Treasury yields and Dollar Index correlation for cross-asset momentum signals.
⚠ 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.