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

United States Market Post-Market Review

April 17, 202604:30 PM LocalReal-Time Market Data
Gold (GC)
4,872
+1.81%
Nasdaq 100 (NQ)
26,832
+1.30%
S&P 500 (ES)
7,164
+1.22%
Silver (SI)
81.36
+3.51%
Dow Jones (DJI)
49,447
+1.79%
Crude Oil (CL)
83.12
-12.22%
Natural Gas (NG)
2.67
+1.02%
Volatility Index — CBOE VIX
17.5% Moderate
Gold (GC)
Strong Bullish
4,872
+1.81%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bearish
Monthly
Bullish
RSI (73.1)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA (4,652) remains unbroken on the downside β€” bulls retain structural control of the near-term tape. Momentum is overheated at 73. While trend can override oscillators, the statistical edge for fresh longs is diminished. MACD confirms the directional momentum: histogram above zero and widening. The impulse leg has room to extend. Elevated volume (11.3x average) validates the current price action β€” the move has sponsorship.
Support / Resistance
Support4,101
Resistance5,405
Moving Averages
21-day SMA4,650
50-day SMA4,894
100-day SMA4,693
200-day SMA4,188
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 73.1 (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
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
4,872
Stop Loss
4,806
Take Profit
5,005
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
Nasdaq 100 (NQ)
Strong Bullish
26,832
+1.30%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (95.1)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (24,772), the short-term trend channel favours continuation higher. Momentum oscillator at 95 enters overbought territory β€” the tape is stretched and vulnerable to profit-taking. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. Across the full 31-strategy universe, Long Call captures the highest score at 72%. Alignment across trend, momentum, and vol regime drives the ranking.
Support / Resistance
Support22,962
Resistance26,885
Moving Averages
21-day SMA24,752
50-day SMA24,848
100-day SMA25,200
200-day SMA24,727
Moving Average Signals
Bullish short-term cross (21-EMA crossed above 50-SMA) β€” Trend accelerating upward
Momentum (RSI)
RSI is extremely high at 95.1 (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
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)26,885
23.6%25,959
38.2%25,386
50.0%24,923
61.8%24,460
78.6%23,801
Low (100.0%)22,962
Extensions
ExtensionPrice
Ext 1.13 (Up)27,395
Ext 1.272 (Up)27,952
Ext 1.618 (Up)29,309
Ext 1.13 (Dn)22,451
Ext 1.272 (Dn)21,894
Ext 1.618 (Dn)20,537
Trade Setup
Entry
26,832
Stop Loss
26,517
Take Profit
27,464
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
7,164
+1.22%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (96.1)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The short-term moving average at 6,735 holds as support, keeping the 20-day trend channel intact for now. With RSI at 96, the risk/reward for new long entries deteriorates. Favour strategies that benefit from a pullback or consolidation. On the MACD front, the histogram is positive and the fast line sits above the signal line β€” textbook bullish configuration. The model's top pick is Long Call (72%) β€” the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support6,353
Resistance7,186
Moving Averages
21-day SMA6,729
50-day SMA6,793
100-day SMA6,848
200-day SMA6,711
Moving Average Signals
Bullish short-term cross (21-EMA crossed above 50-SMA) β€” Trend accelerating upward
Momentum (RSI)
RSI is extremely high at 96.1 (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
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)7,186
23.6%6,989
38.2%6,868
50.0%6,770
61.8%6,671
78.6%6,531
Low (100.0%)6,353
Extensions
ExtensionPrice
Ext 1.13 (Up)7,294
Ext 1.272 (Up)7,412
Ext 1.618 (Up)7,700
Ext 1.13 (Dn)6,245
Ext 1.272 (Dn)6,127
Ext 1.618 (Dn)5,839
Trade Setup
Entry
7,164
Stop Loss
7,096
Take Profit
7,299
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
81.36
+3.51%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (75.4)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (73.88), the short-term trend channel favours continuation higher. RSI reading of 75 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. Heavy turnover at 18.6x average signals that the smart money is actively positioning. Conviction trade.
Support / Resistance
Support61.09
Resistance95.86
Moving Averages
21-day SMA73.74
50-day SMA78.73
100-day SMA76.70
200-day SMA59.88
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 75.4 (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%)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
81.36
Stop Loss
79.48
Take Profit
85.14
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
Dow Jones (DJI)
Strong Bullish
49,447
+1.79%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (90.7)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 47,030 continues to act as dynamic support β€” price remains above it, reinforcing upside bias. The momentum gauge prints 91 β€” historically, readings above 65 precede short-term retracements in this name. The MACD reading adds conviction to the long thesis β€” positive and expanding histogram with a bullish signal-line cross. Quantitative screening across 31 structures identifies Long Call (72%) as today's top-ranked setup.
Support / Resistance
Support45,057
Resistance50,513
Moving Averages
21-day SMA46,982
50-day SMA47,941
100-day SMA48,216
200-day SMA46,964
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 90.7 (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%)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
49,447
Stop Loss
49,044
Take Profit
50,254
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
Crude Oil (CL)
Strong Bearish
83.12
-12.22%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (37.7)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day moving average at 97.64 now acts as overhead resistance β€” bears have reclaimed near-term control. With RSI at 38, the path of least resistance remains to the downside until buyers can reclaim the neutral zone. MACD histogram negative and deepening β€” the momentum profile reinforces the short-side thesis. Strategy selection converges on Long Put (72%) β€” the quantitative factors align across direction, momentum, and implied volatility.
Support / Resistance
Support61.87
Resistance119
Moving Averages
21-day SMA97.57
50-day SMA84.45
100-day SMA71.84
200-day SMA67.47
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 37.7 confirms strong selling momentum, though nearing oversold territory.
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
83.12
Stop Loss
88.72
Take Profit
71.92
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put72%
Buy OTM Put
Put Ratio Backspread72%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread69%
Sell Call + Buy higher Call
Natural Gas (NG)
Strong Bearish
2.67
+1.02%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (20.4)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term weakness is evident with price trading below the 20-day SMA (2.81). With the RSI reading at 20, the tape is washed out. Watch for a divergence signal to confirm a base-building attempt. The moving-average convergence divergence reading confirms downside pressure with a negative and deepening histogram. The scoring engine flags Long Put with a 63% conviction score β€” the strongest signal in today's scan.
Support / Resistance
Support2.56
Resistance3.66
Moving Averages
21-day SMA2.83
50-day SMA2.98
100-day SMA3.64
200-day SMA3.48
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely low at 20.4 (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
2.53
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.