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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
17.0% Moderate
Bovespa (Brazil)
Strong Bearish183,218
-2.38%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (20.5)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price beneath the 20-day moving average (191,814), the burden of proof shifts to the bulls. Rallies into the SMA are selling opportunities until reclaimed. With the RSI reading at 21, the tape is washed out. Watch for a divergence signal to confirm a base-building attempt. MACD histogram negative and deepening — the momentum profile reinforces the short-side thesis. The structured approach identifies Long Put at 63% as the highest-probability play. Risk/reward and regime fit both favour this setup.
Support / Resistance
Support175,039
Resistance199,355
Moving Averages
21-day SMA191,645
50-day SMA187,093
100-day SMA179,132
200-day SMA161,797
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely low at 20.5 (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
Lower Highs and Lower Lows (Downtrend 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
183,218
Stop Loss
184,794
Take Profit
180,067
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put63%
Buy OTM Put
Put Ratio Backspread63%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread60%
Sell Call + Buy higher Call
Market Search Previews
Key Takeaway
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
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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.