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Shunya.Trade Options Engine

Asia-Pacific Market Post-Market Review

May 20, 202603:15 PM LocalReal-Time Market Data
ASX 200 (Australia)
8,494
-1.29%
Volatility Index — CBOE VIX
18.1% Moderate
ASX 200 (Australia)
Strong Bearish
8,494
-1.29%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (40.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The break below the 20-day SMA at 8,691 opens the door to further downside probing. At 41, the momentum oscillator reinforces the bearish lean. Sellers have the edge in the near-term. MACD histogram turns negative, adding weight to the bearish thesis. Volume is running cold at 0.0x the norm. Without broader participation, the current directional bias is vulnerable.
Support / Resistance
Support8,262
Resistance9,022
Moving Averages
21-day SMA8,698
50-day SMA8,699
100-day SMA8,793
200-day SMA8,801
Moving Average Signals
Bearish short-term cross (21-EMA crossed below 50-SMA) — Trend accelerating downward
Momentum (RSI)
RSI at 40.6 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
Price crashed below the lower Bollinger Band, indicating panic selling or extreme bearishness.
Volume Analysis
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Signal
Inverted V-Shape / Double Top Formation
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
8,494
Stop Loss
8,552
Take Profit
8,378
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
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.