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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
17.7% Moderate
Bovespa (Brazil)
Strong Bearish177,356
+1.77%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (36.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term weakness is evident with price trading below the 20-day SMA (183,813). The 36 reading on the momentum gauge signals persistent softness. Sellers maintain the edge until a reclaim of the 50-line. MACD validates the bearish lean: histogram below zero and expanding in negative territory. The impulse leg is to the downside. The model's top pick is Long Put (63%) — the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support173,544
Resistance199,355
Moving Averages
21-day SMA184,400
50-day SMA185,645
100-day SMA180,895
200-day SMA163,820
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 36.4 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%) | 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
177,356
Stop Loss
179,043
Take Profit
173,981
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
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
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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.