📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Asia-Pacific Market Pre-Market Analysis
Volatility Index — CBOE VIX
17.4% Moderate
Nikkei 225 (N225)
Strong Bullish59,513
+0.38%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (64.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Trading above the 20-day SMA (57,774), the asset maintains its bullish price structure — dip-buying remains the high-probability play. Momentum holds constructive at 65 — firmly in bullish territory with room to run before the tape gets stretched. The MACD reading adds conviction to the long thesis — positive and expanding histogram with a bullish signal-line cross. The structured approach identifies Long Call at 63% as the highest-probability play. Risk/reward and regime fit both favour this setup.
Support / Resistance
Support50,559
Resistance60,904
Moving Averages
21-day SMA57,521
50-day SMA55,998
100-day SMA54,250
200-day SMA49,740
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 64.5 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
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 60,904 |
| 23.6% | 58,463 |
| 38.2% | 56,952 |
| 50.0% | 55,731 |
| 61.8% | 54,511 |
| 78.6% | 52,773 |
| Low (100.0%) | 50,559 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 62,249 |
| Ext 1.272 (Up) | 63,718 |
| Ext 1.618 (Up) | 67,297 |
| Ext 1.13 (Dn) | 49,214 |
| Ext 1.272 (Dn) | 47,745 |
| Ext 1.618 (Dn) | 44,166 |
Trade Setup
Entry
59,513
Stop Loss
58,942
Take Profit
60,656
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
KOSPI (South Korea)
Strong Bullish6,937
+5.12%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (90.9)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (6,210), the short-term trend channel favours continuation higher. With RSI at 91, the risk/reward for new long entries deteriorates. Favour strategies that benefit from a pullback or consolidation. The MACD reading adds conviction to the long thesis — positive and expanding histogram with a bullish signal-line cross. Our 31-strategy scoring model ranks Long Call as the highest-conviction play at 72%.
Support / Resistance
Support5,043
Resistance6,937
Moving Averages
21-day SMA6,170
50-day SMA5,851
100-day SMA5,259
200-day SMA4,392
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 90.9 (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 / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 6,937 |
| 23.6% | 6,490 |
| 38.2% | 6,213 |
| 50.0% | 5,990 |
| 61.8% | 5,766 |
| 78.6% | 5,448 |
| Low (100.0%) | 5,043 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 7,183 |
| Ext 1.272 (Up) | 7,452 |
| Ext 1.618 (Up) | 8,108 |
| Ext 1.13 (Dn) | 4,797 |
| Ext 1.272 (Dn) | 4,528 |
| Ext 1.618 (Dn) | 3,872 |
Trade Setup
Entry
6,937
Stop Loss
6,840
Take Profit
7,130
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
Market Search Previews
Key Takeaway
Watch SGX Straits Times Index divergence with regional peers for relative strength cues across ASEAN markets.
Free Daily Analysis
Get Pre-Market & Post-Market Setups Every Day
Options Engine signals for NIFTY, S&P 500, DAX, Forex & 10+ global markets — completely free.
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.