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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
17.9% Moderate
Bovespa (Brazil)
Strong Bullish196,819
-0.46%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (85.0)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA (188,446) remains unbroken on the downside — bulls retain structural control of the near-term tape. RSI reading of 85 signals extended positioning. Watch for mean-reversion setups on any loss of momentum. MACD histogram prints positive, confirming the bullish impulse leg is intact. Thin participation (0.0x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support175,039
Resistance199,355
Moving Averages
21-day SMA188,026
50-day SMA186,335
100-day SMA175,099
200-day SMA158,454
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 85.0 (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
196,819
Stop Loss
195,149
Take Profit
200,158
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call63%
Buy OTM Call
Call Ratio Backspread63%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)60%
Sell OTM Put
Market Search Previews
Key Takeaway
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
⚠ 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.