π Originally published at shunya.trade β View with interactive charts & tools.
Shunya.Trade Options Engine
United States Market Pre-Market Analysis
Volatility Index — CBOE VIX
19.3% Moderate
Gold (GC)
Bearish4,612
-1.36%
Intraday
Bullish
Daily
Bearish
Weekly
Bearish
Monthly
Bullish
RSI (39.2)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term weakness is evident with price trading below the 20-day SMA (4,733). RSI at 39 lingers below the midline β momentum remains in the bears' hands, though not yet at capitulation levels. MACD validates the bearish lean: histogram below zero and expanding in negative territory. The impulse leg is to the downside. Heavy turnover at 16.9x average signals that the smart money is actively positioning. Conviction trade.
Support / Resistance
Support4,101
Resistance5,405
Moving Averages
21-day SMA4,723
50-day SMA4,855
100-day SMA4,731
200-day SMA4,236
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 39.2 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
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern
Inverted V-Shape / Double Top Formation
Fibonacci Retracements
| Level | Price |
|---|---|
| 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
| Extension | Price |
|---|---|
| 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
4,612
Stop Loss
4,656
Take Profit
4,523
Risk / Reward
2.0
Sell
Top Options Strategies
Long Put55%
Buy OTM Put
Put Ratio Backspread55%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread52%
Sell Call + Buy higher Call
Nasdaq 100 (NQ)
Strong Bullish27,118
-1.17%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (80.3)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term structure remains constructive with price trading above the 20-day SMA (25,864). At 80 on the RSI, the asset is technically overbought. Momentum can sustain here, but the probability of a corrective pause rises. The MACD reading adds conviction to the long thesis β positive and expanding histogram with a bullish signal-line cross. Volume registers below average β the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support22,962
Resistance27,542
Moving Averages
21-day SMA25,734
50-day SMA25,131
100-day SMA25,333
200-day SMA24,870
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 80.3 (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
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%) | 27,542 |
| 23.6% | 26,461 |
| 38.2% | 25,793 |
| 50.0% | 25,252 |
| 61.8% | 24,711 |
| 78.6% | 23,942 |
| Low (100.0%) | 22,962 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 28,138 |
| Ext 1.272 (Up) | 28,789 |
| Ext 1.618 (Up) | 30,374 |
| Ext 1.13 (Dn) | 22,366 |
| Ext 1.272 (Dn) | 21,715 |
| Ext 1.618 (Dn) | 20,130 |
Trade Setup
Entry
27,118
Stop Loss
26,873
Take Profit
27,608
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call66%
Buy OTM Call
Call Ratio Backspread66%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)63%
Sell OTM Put
S&P 500 (ES)
Strong Bullish7,162
-0.61%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (77.2)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (6,951), the short-term trend channel favours continuation higher. Momentum is overheated at 77. While trend can override oscillators, the statistical edge for fresh longs is diminished. MACD histogram prints positive, confirming the bullish impulse leg is intact. Thin participation (0.1x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support6,353
Resistance7,223
Moving Averages
21-day SMA6,924
50-day SMA6,828
100-day SMA6,874
200-day SMA6,741
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 77.2 (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 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%) | 7,223 |
| 23.6% | 7,018 |
| 38.2% | 6,891 |
| 50.0% | 6,788 |
| 61.8% | 6,686 |
| 78.6% | 6,539 |
| Low (100.0%) | 6,353 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 7,336 |
| Ext 1.272 (Up) | 7,460 |
| Ext 1.618 (Up) | 7,761 |
| Ext 1.13 (Dn) | 6,240 |
| Ext 1.272 (Dn) | 6,117 |
| Ext 1.618 (Dn) | 5,816 |
Trade Setup
Entry
7,162
Stop Loss
7,113
Take Profit
7,259
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
Silver (SI)
Strong Bearish74.12
-1.17%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (47.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The break below the 20-day SMA at 76.28 opens the door to further downside probing. Momentum at 48 reflects a tape under pressure. Bulls need to push the oscillator back above 50 to shift the narrative. On the MACD, the fast line has crossed below the signal line with a negative histogram β confirming the bearish momentum shift. 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 SMA76.00
50-day SMA78.39
100-day SMA78.28
200-day SMA61.26
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 47.5 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
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern
Inverted V-Shape / Double Top Formation
Fibonacci Retracements
| Level | Price |
|---|---|
| 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
| Extension | Price |
|---|---|
| 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
74.12
Stop Loss
75.59
Take Profit
71.20
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put68%
Buy OTM Put
Put Ratio Backspread68%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread65%
Sell Call + Buy higher Call
Dollar Index (DX)
Strong Bearish98.70
+0.22%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (42.0)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price beneath the 20-day moving average (98.81), the burden of proof shifts to the bulls. Rallies into the SMA are selling opportunities until reclaimed. RSI at 42 lingers below the midline β momentum remains in the bears' hands, though not yet at capitulation levels. MACD histogram negative and deepening β the momentum profile reinforces the short-side thesis. Long Put leads the strategy table at 58% β directional bias and vol regime both align.
Support / Resistance
Support97.07
Resistance101
Moving Averages
21-day SMA98.89
50-day SMA98.88
100-day SMA98.50
200-day SMA98.54
Moving Average Signals
Bearish short-term cross (21-EMA crossed below 50-SMA) β Trend accelerating downward
Momentum (RSI)
RSI at 42.0 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
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 101 |
| 23.6% | 99.80 |
| 38.2% | 99.28 |
| 50.0% | 98.85 |
| 61.8% | 98.43 |
| 78.6% | 97.83 |
| Low (100.0%) | 97.07 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 101 |
| Ext 1.272 (Up) | 102 |
| Ext 1.618 (Up) | 103 |
| Ext 1.13 (Dn) | 96.61 |
| Ext 1.272 (Dn) | 96.10 |
| Ext 1.618 (Dn) | 94.86 |
Trade Setup
Entry
98.70
Stop Loss
99.02
Take Profit
98.07
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put58%
Buy OTM Put
Put Ratio Backspread58%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread55%
Sell Call + Buy higher Call
Dow Jones (DJI)
Strong Bullish49,168
-0.13%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (78.7)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (48,046), the short-term trend channel favours continuation higher. The momentum gauge prints 79 β historically, readings above 65 precede short-term retracements in this name. The moving-average convergence divergence oscillator supports the bull case β histogram expanding above the zero line. The scoring engine flags Long Call with a 63% conviction score β the strongest signal in today's scan.
Support / Resistance
Support45,057
Resistance49,897
Moving Averages
21-day SMA47,909
50-day SMA47,879
100-day SMA48,351
200-day SMA47,108
Moving Average Signals
Bullish short-term cross (21-EMA crossed above 50-SMA) β Trend accelerating upward
Momentum (RSI)
RSI is extremely high at 78.7 (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 spikes on down-days warn of active distribution and seller dominance.
Chart Pattern
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 49,897 |
| 23.6% | 48,755 |
| 38.2% | 48,048 |
| 50.0% | 47,477 |
| 61.8% | 46,906 |
| 78.6% | 46,093 |
| Low (100.0%) | 45,057 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 50,527 |
| Ext 1.272 (Up) | 51,214 |
| Ext 1.618 (Up) | 52,888 |
| Ext 1.13 (Dn) | 44,428 |
| Ext 1.272 (Dn) | 43,741 |
| Ext 1.618 (Dn) | 42,066 |
Trade Setup
Entry
49,168
Stop Loss
48,813
Take Profit
49,878
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)
Strong Bullish99.76
+3.52%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (55.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price respects the 20-day average at 97.43 as a floor, offering a constructive base for directional longs. With RSI at 56, the momentum profile supports continued upside. The oscillator has headroom before overbought levels trigger caution. Momentum confirmation is bearish β MACD histogram negative and signal-line crossover pointing lower. Volume is running cold at 0.4x the norm. Without broader participation, the current directional bias is vulnerable.
Support / Resistance
Support61.87
Resistance119
Moving Averages
21-day SMA97.69
50-day SMA88.78
100-day SMA74.35
200-day SMA68.42
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 55.6 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
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| 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
| Extension | Price |
|---|---|
| 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
99.76
Stop Loss
95.65
Take Profit
108
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call60%
Buy OTM Call
Call Ratio Backspread60%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)57%
Sell OTM Put
Natural Gas (NG)
Neutral2.70
+6.04%
Intraday
Bearish
Daily
Neutral
Weekly
Bearish
Monthly
Bearish
RSI (48.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (2.69), the short-term trend channel favours continuation higher. RSI at 48 lingers below the midline β momentum remains in the bears' hands, though not yet at capitulation levels. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. Low-conviction tape β volume at 0.2x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support2.49
Resistance3.49
Moving Averages
21-day SMA2.70
50-day SMA2.89
100-day SMA3.50
200-day SMA3.45
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 48.4 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
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 3.49 |
| 23.6% | 3.26 |
| 38.2% | 3.11 |
| 50.0% | 2.99 |
| 61.8% | 2.88 |
| 78.6% | 2.71 |
| Low (100.0%) | 2.49 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 3.62 |
| Ext 1.272 (Up) | 3.77 |
| Ext 1.618 (Up) | 4.11 |
| Ext 1.13 (Dn) | 2.37 |
| Ext 1.272 (Dn) | 2.22 |
| Ext 1.618 (Dn) | 1.88 |
Trade Setup
Entry
2.70
Stop Loss
2.65
Take Profit
2.81
Risk / Reward
2.0
Neutral
Top Options Strategies
Iron Condor53%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread53%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Calendar Spread53%
Sell near-term + Buy far-term (same strike)
Market Search Previews
Key Takeaway
Analyze VIX term structure (contango vs backwardation) to assess whether hedging demand supports directional or premium-selling strategies.
⚠ 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.