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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
18.4% Moderate
Bovespa (Brazil)
Strong Bullish198,657
+0.33%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (83.8)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 186,720 continues to act as dynamic support — price remains above it, reinforcing upside bias. RSI has climbed to 84, putting the tape in overbought territory. New directional longs carry elevated reversal risk. MACD histogram prints positive, confirming the bullish impulse leg is intact. Low-conviction tape — volume at 0.0x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support175,039
Resistance199,355
Moving Averages
21-day SMA186,394
50-day SMA185,727
100-day SMA174,301
200-day SMA157,860
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 83.8 (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
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 199,355 |
| 23.6% | 193,616 |
| 38.2% | 190,066 |
| 50.0% | 187,197 |
| 61.8% | 184,328 |
| 78.6% | 180,243 |
| Low (100.0%) | 175,039 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 202,516 |
| Ext 1.272 (Up) | 205,969 |
| Ext 1.618 (Up) | 214,382 |
| Ext 1.13 (Dn) | 171,878 |
| Ext 1.272 (Dn) | 168,425 |
| Ext 1.618 (Dn) | 160,012 |
Trade Setup
Entry
198,657
Stop Loss
196,891
Take Profit
202,190
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.