📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Asia-Pacific Market Pre-Market Analysis
Volatility Index — CBOE VIX
17.9% Moderate
ASX 200 (Australia)
Strong Bearish8,671
-0.36%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (37.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Beneath the 20-day moving average (8,797), the tape is in distribution mode. Sellers control the structure. RSI at 38 lingers below the midline — momentum remains in the bears' hands, though not yet at capitulation levels. The MACD reading is bearish — histogram below zero and expanding, suggesting selling pressure has momentum behind it. Long Put leads the strategy table at 63% — directional bias and vol regime both align.
Support / Resistance
Support8,262
Resistance9,201
Moving Averages
21-day SMA8,805
50-day SMA8,739
100-day SMA8,797
200-day SMA8,805
Moving Average Signals
Bullish short-term cross (21-EMA crossed above 50-SMA) — Trend accelerating upward
Momentum (RSI)
RSI at 37.6 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 / Signal
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 9,201 |
| 23.6% | 8,979 |
| 38.2% | 8,842 |
| 50.0% | 8,732 |
| 61.8% | 8,621 |
| 78.6% | 8,463 |
| Low (100.0%) | 8,262 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 9,323 |
| Ext 1.272 (Up) | 9,456 |
| Ext 1.618 (Up) | 9,781 |
| Ext 1.13 (Dn) | 8,140 |
| Ext 1.272 (Dn) | 8,007 |
| Ext 1.618 (Dn) | 7,682 |
Trade Setup
Entry
8,671
Stop Loss
8,722
Take Profit
8,568
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
Cross-reference Hang Seng tech sector beta with China PMI surprises for institutional flow-driven Asia-Pacific strategies.
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.