📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine

Asia-Pacific Market Post-Market Review

May 22, 202603:30 PM LocalReal-Time Market Data
Nikkei 225 (N225)
63,366
+2.73%
KOSPI (South Korea)
7,835
+0.25%
Volatility Index — CBOE VIX
16.8% Moderate
Nikkei 225 (N225)
Strong Bullish
63,366
+2.73%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (63.8)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term structure remains constructive with price trading above the 20-day SMA (61,065). With RSI at 64, the momentum profile supports continued upside. The oscillator has headroom before overbought levels trigger caution. The convergence-divergence oscillator is in bearish mode. Histogram expansion below zero signals sustained selling pressure. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support50,559
Resistance63,799
Moving Averages
21-day SMA60,959
50-day SMA57,194
100-day SMA55,670
200-day SMA51,072
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 63.8 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
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
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
ExtensionPrice
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
63,366
Stop Loss
62,518
Take Profit
65,064
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call64%
Buy OTM Call
Call Ratio Backspread64%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)61%
Sell OTM Put
KOSPI (South Korea)
Strong Bullish
7,835
+0.25%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (69.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term structure remains constructive with price trading above the 20-day SMA (7,262). With RSI at 69, the risk/reward for new long entries deteriorates. Favour strategies that benefit from a pullback or consolidation. MACD validates the bearish lean: histogram below zero and expanding in negative territory. The impulse leg is to the downside. Thin participation (0.5x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support5,043
Resistance8,047
Moving Averages
21-day SMA7,222
50-day SMA6,333
100-day SMA5,716
200-day SMA4,679
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 69.4 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
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
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
ExtensionPrice
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
7,835
Stop Loss
7,604
Take Profit
8,298
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call64%
Buy OTM Call
Call Ratio Backspread64%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)61%
Sell OTM Put
Market Search Previews
Key Takeaway
Monitor Asian session volume patterns for institutional positioning signals ahead of European crossover.
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.