📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Asia-Pacific Market Pre-Market Analysis
Volatility Index — CBOE VIX
16.8% Moderate
Nikkei 225 (N225)
Neutral59,804
-1.23%
Intraday
Bearish
Daily
Neutral
Weekly
Bullish
Monthly
Bullish
RSI (50.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term weakness is evident with price trading below the 20-day SMA (60,678). Momentum holds constructive at 50 — firmly in bullish territory with room to run before the tape gets stretched. Momentum confirmation is bearish — MACD histogram negative and signal-line crossover pointing lower. The structured approach identifies Iron Condor at 65% as the highest-probability play. Risk/reward and regime fit both favour this setup.
Support / Resistance
Support50,559
Resistance63,799
Moving Averages
21-day SMA60,623
50-day SMA56,911
100-day SMA55,405
200-day SMA50,852
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 50.4 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 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
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 63,799 |
| 23.6% | 60,675 |
| 38.2% | 58,741 |
| 50.0% | 57,179 |
| 61.8% | 55,617 |
| 78.6% | 53,392 |
| Low (100.0%) | 50,559 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 65,521 |
| Ext 1.272 (Up) | 67,401 |
| Ext 1.618 (Up) | 71,982 |
| Ext 1.13 (Dn) | 48,838 |
| Ext 1.272 (Dn) | 46,958 |
| Ext 1.618 (Dn) | 42,376 |
Trade Setup
Entry
59,804
Stop Loss
59,160
Take Profit
61,094
Risk / Reward
2.0
Neutral
Top Options Strategies
Iron Condor65%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread65%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Calendar Spread65%
Sell near-term + Buy far-term (same strike)
KOSPI (South Korea)
Bullish7,209
-0.86%
Intraday
Bullish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (60.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The tape holds above the 20-day average (7,120), maintaining the positive short-term trend channel. Momentum at 61 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. The MACD reading is bearish — histogram below zero and expanding, suggesting selling pressure has momentum behind it. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support5,043
Resistance8,047
Moving Averages
21-day SMA7,077
50-day SMA6,243
100-day SMA5,641
200-day SMA4,633
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 60.5 confirms strong buying momentum, with room to run before becoming extremely overbought.
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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 8,047 |
| 23.6% | 7,338 |
| 38.2% | 6,899 |
| 50.0% | 6,545 |
| 61.8% | 6,190 |
| 78.6% | 5,686 |
| Low (100.0%) | 5,043 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 8,437 |
| Ext 1.272 (Up) | 8,864 |
| Ext 1.618 (Up) | 9,903 |
| Ext 1.13 (Dn) | 4,652 |
| Ext 1.272 (Dn) | 4,226 |
| Ext 1.618 (Dn) | 3,187 |
Trade Setup
Entry
7,209
Stop Loss
6,997
Take Profit
7,633
Risk / Reward
2.0
Buy
Top Options Strategies
Long Call41%
Buy OTM Call
Call Ratio Backspread41%
Sell 1 lower Call + Buy 2 higher Calls
Long Put39%
Buy OTM Put
Market Search Previews
Key Takeaway
Track USD/JPY correlation with Nikkei 225 and watch Hang Seng tech sector for regional momentum cues.
Free Daily Analysis
Get Pre-Market & Post-Market Setups Every Day
Options Engine signals for NIFTY, S&P 500, DAX, Forex & 10+ global markets — completely free.
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.