📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Asia-Pacific Market Pre-Market Analysis
Volatility Index — CBOE VIX
16.6% Moderate
ASX 200 (Australia)
Strong Bearish8,657
+0.41%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (47.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price beneath the 20-day moving average (8,676), the burden of proof shifts to the bulls. Rallies into the SMA are selling opportunities until reclaimed. With RSI at 48, the path of least resistance remains to the downside until buyers can reclaim the neutral zone. The moving-average convergence divergence reading confirms downside pressure with a negative and deepening histogram. Our 31-strategy scoring model ranks Long Put as the highest-conviction play at 65%.
Support / Resistance
Support8,262
Resistance9,022
Moving Averages
21-day SMA8,681
50-day SMA8,696
100-day SMA8,791
200-day SMA8,799
Moving Average Signals
Bearish short-term cross (21-EMA crossed below 50-SMA) — Trend accelerating downward
Momentum (RSI)
RSI at 47.9 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
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| 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
| Extension | Price |
|---|---|
| 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
8,657
Stop Loss
8,717
Take Profit
8,537
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put65%
Buy OTM Put
Put Ratio Backspread65%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread62%
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.
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.