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

Europe Market Post-Market Review

April 13, 202604:45 PM LocalReal-Time Market Data
DAX 40 (DAX)
23,749
-0.23%
FTSE 100 (FTSE)
10,580
-0.19%
CAC 40 (CAC)
8,229
-0.37%
Volatility Index — CBOE VIX
20.0% Moderate
DAX 40 (DAX)
Strong Bullish
23,749
-0.23%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bearish
Monthly
Bearish
RSI (66.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price holds above the 20-day moving average at 23,135, preserving the near-term bullish structure. At 67 on the RSI, the asset is technically overbought. Momentum can sustain here, but the probability of a corrective pause rises. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. Thin participation (0.0x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support21,864
Resistance25,406
Moving Averages
21-day SMA23,157
50-day SMA24,020
100-day SMA24,167
200-day SMA24,104
Moving Average Signals
Death Cross identified (50-day crossed below 200-day) β€” Bearish major signal
Momentum (RSI)
RSI at 66.6 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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
LevelPrice
High (0.0%)25,406
23.6%24,570
38.2%24,053
50.0%23,635
61.8%23,217
78.6%22,622
Low (100.0%)21,864
Extensions
ExtensionPrice
Ext 1.13 (Up)25,866
Ext 1.272 (Up)26,369
Ext 1.618 (Up)27,595
Ext 1.13 (Dn)21,403
Ext 1.272 (Dn)20,900
Ext 1.618 (Dn)19,675
Trade Setup
Entry
23,749
Stop Loss
23,416
Take Profit
24,417
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Short Put (Cash-Secured)66%
Sell OTM Put
Covered Call66%
Own shares + Sell OTM Call
Bull Put Spread66%
Sell Put + Buy lower Put
FTSE 100 (FTSE)
Strong Bullish
10,580
-0.19%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (77.1)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 10,251 continues to act as dynamic support β€” price remains above it, reinforcing upside bias. RSI has climbed to 77, putting the tape in overbought territory. New directional longs carry elevated reversal risk. MACD confirms the directional momentum: histogram above zero and widening. The impulse leg has room to extend. At 0.0x average volume, the move is thinly traded. Liquidity gaps could trigger sharp reversals on any catalyst.
Support / Resistance
Support9,670
Resistance10,935
Moving Averages
21-day SMA10,254
50-day SMA10,397
100-day SMA10,140
200-day SMA9,712
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 77.1 (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 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
LevelPrice
High (0.0%)10,935
23.6%10,636
38.2%10,452
50.0%10,303
61.8%10,154
78.6%9,941
Low (100.0%)9,670
Extensions
ExtensionPrice
Ext 1.13 (Up)11,099
Ext 1.272 (Up)11,279
Ext 1.618 (Up)11,716
Ext 1.13 (Dn)9,506
Ext 1.272 (Dn)9,327
Ext 1.618 (Dn)8,889
Trade Setup
Entry
10,580
Stop Loss
10,477
Take Profit
10,786
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Short Put (Cash-Secured)71%
Sell OTM Put
Covered Call71%
Own shares + Sell OTM Call
Bull Put Spread71%
Sell Put + Buy lower Put
CAC 40 (CAC)
Strong Bullish
8,229
-0.37%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (75.7)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The tape holds above the 20-day average (7,925), maintaining the positive short-term trend channel. RSI reading of 76 signals extended positioning. Watch for mean-reversion setups on any loss of momentum. The MACD reading adds conviction to the long thesis β€” positive and expanding histogram with a bullish signal-line cross. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support7,505
Resistance8,642
Moving Averages
21-day SMA7,928
50-day SMA8,137
100-day SMA8,133
200-day SMA8,015
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 75.7 (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 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
LevelPrice
High (0.0%)8,642
23.6%8,374
38.2%8,208
50.0%8,074
61.8%7,940
78.6%7,749
Low (100.0%)7,505
Extensions
ExtensionPrice
Ext 1.13 (Up)8,790
Ext 1.272 (Up)8,951
Ext 1.618 (Up)9,345
Ext 1.13 (Dn)7,357
Ext 1.272 (Dn)7,196
Ext 1.618 (Dn)6,803
Trade Setup
Entry
8,229
Stop Loss
8,135
Take Profit
8,416
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
Monitor European central bank rhetoric and index correlation with US overnight moves.
⚠ 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.