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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
19.4% Moderate
Bovespa (Brazil)
Bullish193,585
-1.30%
Intraday
Bearish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (67.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The tape holds above the 20-day average (190,797), maintaining the positive short-term trend channel. The momentum gauge prints 68 — historically, readings above 65 precede short-term retracements in this name. Momentum confirmation from MACD — the signal line crossover is bullish and the histogram continues to expand. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support175,039
Resistance199,355
Moving Averages
21-day SMA190,375
50-day SMA187,054
100-day SMA176,287
200-day SMA159,283
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 67.9 confirms strong buying momentum, with room to run before becoming extremely overbought.
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
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
193,585
Stop Loss
192,025
Take Profit
196,705
Risk / Reward
2.0
Buy
Top Options Strategies
Long Call49%
Buy OTM Call
Call Ratio Backspread49%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)46%
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.