📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Asia-Pacific Market Pre-Market Analysis
Volatility Index — CBOE VIX
18.4% Moderate
Hang Seng (HSI)
Strong Bullish25,872
+0.82%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bearish
RSI (56.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA (25,379) remains unbroken on the downside — bulls retain structural control of the near-term tape. RSI at 56 holds above the 50-line, confirming the bullish directional bias without yet reaching overbought extremes. The MACD reading adds conviction to the long thesis — positive and expanding histogram with a bullish signal-line cross. Our 31-strategy scoring model ranks Short Put (Cash-Secured) as the highest-conviction play at 73%.
Support / Resistance
Support24,204
Resistance28,056
Moving Averages
21-day SMA25,395
50-day SMA26,092
100-day SMA26,092
200-day SMA25,794
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 56.1 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
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%) | 28,056 |
| 23.6% | 27,147 |
| 38.2% | 26,584 |
| 50.0% | 26,130 |
| 61.8% | 25,675 |
| 78.6% | 25,028 |
| Low (100.0%) | 24,204 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 28,557 |
| Ext 1.272 (Up) | 29,104 |
| Ext 1.618 (Up) | 30,437 |
| Ext 1.13 (Dn) | 23,703 |
| Ext 1.272 (Dn) | 23,156 |
| Ext 1.618 (Dn) | 21,823 |
Trade Setup
Entry
25,872
Stop Loss
25,565
Take Profit
26,487
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Short Put (Cash-Secured)73%
Sell OTM Put
Covered Call73%
Own shares + Sell OTM Call
Bull Put Spread73%
Sell Put + Buy lower Put
TAIEX (Taiwan)
Strong Bullish36,296
+2.37%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (71.2)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term structure remains constructive with price trading above the 20-day SMA (33,700). The 71 RSI print warns of stretched momentum. Consider scaling out of directional longs or hedging with defined-risk structures. On the MACD front, the histogram is positive and the fast line sits above the signal line — textbook bullish configuration. Strategy selection converges on Short Put (Cash-Secured) (77%) — the quantitative factors align across direction, momentum, and implied volatility.
Support / Resistance
Support31,164
Resistance36,341
Moving Averages
21-day SMA33,686
50-day SMA33,286
100-day SMA30,904
200-day SMA27,816
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 71.2 (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
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 36,341 |
| 23.6% | 35,120 |
| 38.2% | 34,364 |
| 50.0% | 33,753 |
| 61.8% | 33,142 |
| 78.6% | 32,272 |
| Low (100.0%) | 31,164 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 37,014 |
| Ext 1.272 (Up) | 37,750 |
| Ext 1.618 (Up) | 39,541 |
| Ext 1.13 (Dn) | 30,491 |
| Ext 1.272 (Dn) | 29,756 |
| Ext 1.618 (Dn) | 27,965 |
Trade Setup
Entry
36,296
Stop Loss
35,803
Take Profit
37,282
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
Straits Times (STI)
Strong Bullish5,008
+0.47%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (71.5)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price holds above the 20-day moving average at 4,942, preserving the near-term bullish structure. At 71 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. Across the full 31-strategy universe, Short Put (Cash-Secured) captures the highest score at 68%. Alignment across trend, momentum, and vol regime drives the ranking.
Support / Resistance
Support4,698
Resistance5,041
Moving Averages
21-day SMA4,938
50-day SMA4,933
100-day SMA4,795
200-day SMA4,546
Moving Average Signals
Bullish short-term cross (21-EMA crossed above 50-SMA) — Trend accelerating upward
Momentum (RSI)
RSI is extremely high at 71.5 (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
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
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%) | 5,041 |
| 23.6% | 4,960 |
| 38.2% | 4,910 |
| 50.0% | 4,869 |
| 61.8% | 4,829 |
| 78.6% | 4,771 |
| Low (100.0%) | 4,698 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 5,086 |
| Ext 1.272 (Up) | 5,135 |
| Ext 1.618 (Up) | 5,254 |
| Ext 1.13 (Dn) | 4,653 |
| Ext 1.272 (Dn) | 4,604 |
| Ext 1.618 (Dn) | 4,485 |
Trade Setup
Entry
5,008
Stop Loss
4,977
Take Profit
5,068
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Short Put (Cash-Secured)68%
Sell OTM Put
Covered Call68%
Own shares + Sell OTM Call
Bull Put Spread68%
Sell Put + Buy lower Put
Market Search Previews
Key Takeaway
Monitor Asian session volume patterns for institutional positioning signals ahead of European crossover.
⚠ 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.