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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
17.9% Moderate
Bovespa (Brazil)
Strong Bearish184,750
-2.05%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (32.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day moving average at 192,279 now acts as overhead resistance — bears have reclaimed near-term control. With the RSI reading at 32, the tape is washed out. Watch for a divergence signal to confirm a base-building attempt. On the MACD, the fast line has crossed below the signal line with a negative histogram — confirming the bearish momentum shift. Quantitative screening across 31 structures identifies Long Put (61%) as today's top-ranked setup.
Support / Resistance
Support175,039
Resistance199,355
Moving Averages
21-day SMA191,814
50-day SMA187,290
100-day SMA177,859
200-day SMA160,533
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 32.4 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%) | 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
184,750
Stop Loss
186,202
Take Profit
181,846
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put61%
Buy OTM Put
Put Ratio Backspread61%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread58%
Sell Call + Buy higher Call
Market Search Previews
Key Takeaway
Track Selic rate expectations via DI futures curve alongside Ibovespa OI shifts for rate-sensitive sector trades.
⚠ 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.