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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
16.8% Moderate
Bovespa (Brazil)
Strong Bearish177,650
+0.17%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (30.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Short-term trend damage is confirmed below the 20-day SMA (183,051). The path of least resistance points lower until this level is recovered. Momentum oscillator at 31 enters oversold territory. Contrarian long setups and defined-risk debit strategies gain merit. MACD histogram turns negative, adding weight to the bearish thesis. Thin participation (0.0x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support173,544
Resistance199,355
Moving Averages
21-day SMA183,519
50-day SMA185,579
100-day SMA181,086
200-day SMA164,043
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 30.6 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%) | 199,355 |
| 23.6% | 193,264 |
| 38.2% | 189,495 |
| 50.0% | 186,450 |
| 61.8% | 183,404 |
| 78.6% | 179,068 |
| Low (100.0%) | 173,544 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 202,710 |
| Ext 1.272 (Up) | 206,376 |
| Ext 1.618 (Up) | 215,306 |
| Ext 1.13 (Dn) | 170,189 |
| Ext 1.272 (Dn) | 166,523 |
| Ext 1.618 (Dn) | 157,593 |
Trade Setup
Entry
177,650
Stop Loss
179,319
Take Profit
174,312
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
Track Selic rate expectations via DI futures curve alongside Ibovespa OI shifts for rate-sensitive sector trades.
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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.