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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
16.5% Moderate
Bovespa (Brazil)
Strong Bearish186,754
+0.62%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bullish
Monthly
Bullish
RSI (23.0)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Loss of the 20-day SMA (192,089) flips the near-term structure bearish — the moving average now acts as a ceiling rather than a floor. RSI has collapsed to 23, indicating capitulation-grade selling. Contrarian risk/reward is compelling if support holds. MACD histogram negative and deepening — the momentum profile reinforces the short-side thesis. Quantitative screening across 31 structures identifies Long Put (66%) as today's top-ranked setup.
Support / Resistance
Support175,039
Resistance199,355
Moving Averages
21-day SMA191,897
50-day SMA187,263
100-day SMA178,642
200-day SMA161,298
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely low at 23.0 (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 / Signal
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
186,754
Stop Loss
188,192
Take Profit
183,878
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put66%
Buy OTM Put
Put Ratio Backspread66%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread63%
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.
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Explore Shunya.Trade →⚠ 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.