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Shunya.Trade Options Engine

Asia-Pacific Market Post-Market Review

May 18, 202603:15 PM LocalReal-Time Market Data
ASX 200 (Australia)
8,514
-1.36%
Volatility Index — CBOE VIX
18.4% Moderate
ASX 200 (Australia)
Strong Bearish
8,514
-1.36%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (36.7)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term weakness is evident with price trading below the 20-day SMA (8,726). With RSI at 37, the path of least resistance remains to the downside until buyers can reclaim the neutral zone. MACD validates the bearish lean: histogram below zero and expanding in negative territory. The impulse leg is to the downside. At 0.0x average volume, the move is thinly traded. Liquidity gaps could trigger sharp reversals on any catalyst.
Support / Resistance
Support8,262
Resistance9,022
Moving Averages
21-day SMA8,737
50-day SMA8,706
100-day SMA8,797
200-day SMA8,803
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 36.7 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 crashed below the lower Bollinger Band, indicating panic selling or extreme bearishness.
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
LevelPrice
High (0.0%)9,022
23.6%8,842
38.2%8,732
50.0%8,642
61.8%8,552
78.6%8,425
Low (100.0%)8,262
Extensions
ExtensionPrice
Ext 1.13 (Up)9,120
Ext 1.272 (Up)9,228
Ext 1.618 (Up)9,491
Ext 1.13 (Dn)8,164
Ext 1.272 (Dn)8,056
Ext 1.618 (Dn)7,793
Trade Setup
Entry
8,514
Stop Loss
8,567
Take Profit
8,407
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put72%
Buy OTM Put
Put Ratio Backspread72%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread69%
Sell Call + Buy higher Call
Market Search Previews
Key Takeaway
Track USD/JPY correlation with Nikkei 225 and watch Hang Seng tech sector for regional momentum cues.
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⚠ 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.