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

United States Market Post-Market Review

April 16, 202604:30 PM LocalReal-Time Market Data
Gold (GC)
4,813
+0.27%
Nasdaq 100 (NQ)
26,458
+0.35%
S&P 500 (ES)
7,076
+0.22%
Silver (SI)
78.64
-1.08%
Dow Jones (DJI)
48,579
+0.24%
Crude Oil (CL)
89.95
-1.47%
Natural Gas (NG)
2.67
+2.18%
Volatility Index — CBOE VIX
17.9% Moderate
Gold (GC)
Neutral
4,813
+0.27%
Intraday
Bullish
Daily
Neutral
Weekly
Bearish
Monthly
Bullish
RSI (75.7)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Buyers defend the 20-day SMA at 4,640 β€” the near-term trend structure remains intact. With RSI at 76, the risk/reward for new long entries deteriorates. Favour strategies that benefit from a pullback or consolidation. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. At 10.3x normal volume, the flow data confirms institutional participation. This is a high-conviction move.
Support / Resistance
Support4,101
Resistance5,405
Moving Averages
21-day SMA4,652
50-day SMA4,895
100-day SMA4,685
200-day SMA4,180
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
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)5,405
23.6%5,097
38.2%4,907
50.0%4,753
61.8%4,599
78.6%4,380
Low (100.0%)4,101
Extensions
ExtensionPrice
Ext 1.13 (Up)5,575
Ext 1.272 (Up)5,760
Ext 1.618 (Up)6,211
Ext 1.13 (Dn)3,931
Ext 1.272 (Dn)3,746
Ext 1.618 (Dn)3,295
Trade Setup
Entry
4,813
Stop Loss
4,757
Take Profit
4,926
Risk / Reward
2.0
Neutral
Top Options Strategies
Iron Condor52%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread52%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Calendar Spread52%
Sell near-term + Buy far-term (same strike)
Nasdaq 100 (NQ)
Strong Bullish
26,458
+0.35%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (83.5)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (24,647), the short-term trend channel favours continuation higher. With RSI at 84, the risk/reward for new long entries deteriorates. Favour strategies that benefit from a pullback or consolidation. The MACD reading adds conviction to the long thesis β€” positive and expanding histogram with a bullish signal-line cross. Our 31-strategy scoring model ranks Long Call as the highest-conviction play at 72%.
Support / Resistance
Support22,962
Resistance26,564
Moving Averages
21-day SMA24,637
50-day SMA24,811
100-day SMA25,173
200-day SMA24,707
Moving Average Signals
Bullish short-term cross (21-EMA crossed above 50-SMA) β€” Trend accelerating upward
Momentum (RSI)
RSI is extremely high at 83.5 (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
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%)26,564
23.6%25,714
38.2%25,188
50.0%24,763
61.8%24,338
78.6%23,732
Low (100.0%)22,962
Extensions
ExtensionPrice
Ext 1.13 (Up)27,032
Ext 1.272 (Up)27,544
Ext 1.618 (Up)28,790
Ext 1.13 (Dn)22,493
Ext 1.272 (Dn)21,982
Ext 1.618 (Dn)20,735
Trade Setup
Entry
26,458
Stop Loss
26,130
Take Profit
27,115
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call72%
Buy OTM Call
Call Ratio Backspread72%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)69%
Sell OTM Put
S&P 500 (ES)
Strong Bullish
7,076
+0.22%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (82.8)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (6,707), the short-term trend channel favours continuation higher. The 83 RSI print warns of stretched momentum. Consider scaling out of directional longs or hedging with defined-risk structures. MACD histogram remains in positive territory, underpinning the current directional move. The model's top pick is Long Call (72%) β€” the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support6,353
Resistance7,089
Moving Averages
21-day SMA6,703
50-day SMA6,788
100-day SMA6,842
200-day SMA6,707
Moving Average Signals
Bullish short-term cross (21-EMA crossed above 50-SMA) β€” Trend accelerating upward
Momentum (RSI)
RSI is extremely high at 82.8 (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
LevelPrice
High (0.0%)7,089
23.6%6,915
38.2%6,808
50.0%6,721
61.8%6,634
78.6%6,511
Low (100.0%)6,353
Extensions
ExtensionPrice
Ext 1.13 (Up)7,185
Ext 1.272 (Up)7,289
Ext 1.618 (Up)7,544
Ext 1.13 (Dn)6,258
Ext 1.272 (Dn)6,153
Ext 1.618 (Dn)5,899
Trade Setup
Entry
7,076
Stop Loss
7,006
Take Profit
7,217
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call72%
Buy OTM Call
Call Ratio Backspread72%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)69%
Sell OTM Put
Silver (SI)
Strong Bullish
78.64
-1.08%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (74.5)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (73.36), the short-term trend channel favours continuation higher. RSI has climbed to 75, putting the tape in overbought territory. New directional longs carry elevated reversal risk. MACD histogram prints positive, confirming the bullish impulse leg is intact. Volume surges to 18.2x the 20-day mean β€” the tape is moving with purpose and broad participation.
Support / Resistance
Support61.09
Resistance95.86
Moving Averages
21-day SMA73.54
50-day SMA78.79
100-day SMA76.39
200-day SMA59.66
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 74.5 (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
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
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)95.86
23.6%87.65
38.2%82.58
50.0%78.48
61.8%74.37
78.6%68.53
Low (100.0%)61.09
Extensions
ExtensionPrice
Ext 1.13 (Up)100
Ext 1.272 (Up)105
Ext 1.618 (Up)117
Ext 1.13 (Dn)56.57
Ext 1.272 (Dn)51.63
Ext 1.618 (Dn)39.60
Trade Setup
Entry
78.64
Stop Loss
76.81
Take Profit
82.28
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call61%
Buy OTM Call
Call Ratio Backspread61%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)58%
Sell OTM Put
Dow Jones (DJI)
Strong Bullish
48,579
+0.24%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (75.3)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The tape holds above the 20-day average (46,859), maintaining the positive short-term trend channel. At 75 on the RSI, the asset is technically overbought. Momentum can sustain here, but the probability of a corrective pause rises. Momentum confirmation from MACD β€” the signal line crossover is bullish and the histogram continues to expand. The scoring engine flags Long Call with a 63% conviction score β€” the strongest signal in today's scan.
Support / Resistance
Support45,057
Resistance50,513
Moving Averages
21-day SMA46,829
50-day SMA47,943
100-day SMA48,179
200-day SMA46,940
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 75.3 (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
LevelPrice
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
ExtensionPrice
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
48,579
Stop Loss
48,186
Take Profit
49,364
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
Crude Oil (CL)
Bearish
89.95
-1.47%
Intraday
Bearish
Daily
Bearish
Weekly
Bullish
Monthly
Bullish
RSI (46.2)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Sellers have pushed through the 20-day average (98.06), signaling a deterioration in near-term structure. The 46 RSI keeps the momentum profile in bear territory. Rallies are selling opportunities until the 50-line is recaptured. The convergence-divergence oscillator is in bearish mode. Histogram expansion below zero signals sustained selling pressure. At 0.6x average volume, the move is thinly traded. Liquidity gaps could trigger sharp reversals on any catalyst.
Support / Resistance
Support61.87
Resistance119
Moving Averages
21-day SMA97.97
50-day SMA84.00
100-day SMA71.55
200-day SMA67.37
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 46.2 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
Inverted V-Shape / Double Top Formation
Fibonacci Retracements
LevelPrice
High (0.0%)119
23.6%106
38.2%97.47
50.0%90.68
61.8%83.88
78.6%74.20
Low (100.0%)61.87
Extensions
ExtensionPrice
Ext 1.13 (Up)127
Ext 1.272 (Up)135
Ext 1.618 (Up)155
Ext 1.13 (Dn)54.38
Ext 1.272 (Dn)46.20
Ext 1.618 (Dn)26.27
Trade Setup
Entry
89.95
Stop Loss
95.25
Take Profit
79.35
Risk / Reward
2.0
Sell
Top Options Strategies
Long Put56%
Buy OTM Put
Put Ratio Backspread56%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread53%
Sell Call + Buy higher Call
Natural Gas (NG)
Strong Bearish
2.67
+2.18%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (29.2)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term weakness is evident with price trading below the 20-day SMA (2.84). Momentum oscillator at 29 enters oversold territory. Contrarian long setups and defined-risk debit strategies gain merit. Momentum confirmation is bearish β€” MACD histogram negative and signal-line crossover pointing lower. Long Put leads the strategy table at 63% β€” directional bias and vol regime both align.
Support / Resistance
Support2.56
Resistance3.66
Moving Averages
21-day SMA2.85
50-day SMA2.99
100-day SMA3.66
200-day SMA3.48
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely low at 29.2 (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
LevelPrice
High (0.0%)3.66
23.6%3.40
38.2%3.24
50.0%3.11
61.8%2.98
78.6%2.80
Low (100.0%)2.56
Extensions
ExtensionPrice
Ext 1.13 (Up)3.80
Ext 1.272 (Up)3.96
Ext 1.618 (Up)4.34
Ext 1.13 (Dn)2.42
Ext 1.272 (Dn)2.26
Ext 1.618 (Dn)1.88
Trade Setup
Entry
2.67
Stop Loss
2.74
Take Profit
2.52
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put63%
Buy OTM Put
Put Ratio Backspread63%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread60%
Sell Call + Buy higher Call
Market Search Previews
Key Takeaway
Watch pre-market futures gap for mean-reversion or continuation setups at the open.
⚠ 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.