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Shunya.Trade Options Engine
Europe Market Pre-Market Analysis
Volatility Index — CBOE VIX
18.0% Moderate
DAX 40 (DAX)
Neutral23,955
-1.62%
Intraday
Bearish
Daily
Neutral
Weekly
Bullish
Monthly
Bearish
RSI (44.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price beneath the 20-day moving average (24,255), the burden of proof shifts to the bulls. Rallies into the SMA are selling opportunities until reclaimed. RSI at 44 lingers below the midline — momentum remains in the bears' hands, though not yet at capitulation levels. The moving-average convergence divergence reading confirms downside pressure with a negative and deepening histogram. The scoring engine flags Iron Condor with a 69% conviction score — the strongest signal in today's scan.
Support / Resistance
Support21,864
Resistance25,406
Moving Averages
21-day SMA24,231
50-day SMA23,755
100-day SMA24,280
200-day SMA24,117
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 44.5 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 25,406 |
| 23.6% | 24,570 |
| 38.2% | 24,053 |
| 50.0% | 23,635 |
| 61.8% | 23,217 |
| 78.6% | 22,622 |
| Low (100.0%) | 21,864 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 25,866 |
| Ext 1.272 (Up) | 26,369 |
| Ext 1.618 (Up) | 27,595 |
| Ext 1.13 (Dn) | 21,403 |
| Ext 1.272 (Dn) | 20,900 |
| Ext 1.618 (Dn) | 19,675 |
Trade Setup
Entry
23,955
Stop Loss
23,772
Take Profit
24,321
Risk / Reward
2.0
Neutral
Top Options Strategies
Iron Condor69%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread69%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Calendar Spread69%
Sell near-term + Buy far-term (same strike)
FTSE 100 (FTSE)
Strong Bearish10,265
-0.04%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (39.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Beneath the 20-day moving average (10,408), the tape is in distribution mode. Sellers control the structure. RSI at 39 lingers below the midline — momentum remains in the bears' hands, though not yet at capitulation levels. The moving-average convergence divergence reading confirms downside pressure with a negative and deepening histogram. Elevated volume (1.6x average) validates the current price action — the move has sponsorship.
Support / Resistance
Support9,670
Resistance10,935
Moving Averages
21-day SMA10,416
50-day SMA10,359
100-day SMA10,292
200-day SMA9,860
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 39.4 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 / Signal
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 10,935 |
| 23.6% | 10,636 |
| 38.2% | 10,452 |
| 50.0% | 10,303 |
| 61.8% | 10,154 |
| 78.6% | 9,941 |
| Low (100.0%) | 9,670 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 11,099 |
| Ext 1.272 (Up) | 11,279 |
| Ext 1.618 (Up) | 11,716 |
| Ext 1.13 (Dn) | 9,506 |
| Ext 1.272 (Dn) | 9,327 |
| Ext 1.618 (Dn) | 8,889 |
Trade Setup
Entry
10,265
Stop Loss
10,341
Take Profit
10,113
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
CAC 40 (CAC)
Strong Bearish7,980
-0.95%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (38.7)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Loss of the 20-day SMA (8,176) flips the near-term structure bearish — the moving average now acts as a ceiling rather than a floor. At 39, the momentum oscillator reinforces the bearish lean. Sellers have the edge in the near-term. 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 (66%) as today's top-ranked setup.
Support / Resistance
Support7,505
Resistance8,639
Moving Averages
21-day SMA8,179
50-day SMA8,066
100-day SMA8,157
200-day SMA8,054
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 38.7 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%) | 8,639 |
| 23.6% | 8,371 |
| 38.2% | 8,206 |
| 50.0% | 8,072 |
| 61.8% | 7,938 |
| 78.6% | 7,748 |
| Low (100.0%) | 7,505 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 8,786 |
| Ext 1.272 (Up) | 8,947 |
| Ext 1.618 (Up) | 9,340 |
| Ext 1.13 (Dn) | 7,358 |
| Ext 1.272 (Dn) | 7,197 |
| Ext 1.618 (Dn) | 6,805 |
Trade Setup
Entry
7,980
Stop Loss
8,054
Take Profit
7,832
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
Watch DAX-FTSE divergence patterns for relative value opportunities within the European session.
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