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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
16.6% Moderate
Bovespa (Brazil)
Strong Bearish176,210
-0.81%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (30.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Beneath the 20-day moving average (182,293), the tape is in distribution mode. Sellers control the structure. With the RSI reading at 31, the tape is washed out. Watch for a divergence signal to confirm a base-building attempt. The convergence-divergence oscillator is in bearish mode. Histogram expansion below zero signals sustained selling pressure. Quantitative screening across 31 structures identifies Long Put (63%) as today's top-ranked setup.
Support / Resistance
Support173,544
Resistance199,355
Moving Averages
21-day SMA182,725
50-day SMA185,435
100-day SMA181,267
200-day SMA164,261
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 30.9 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
176,210
Stop Loss
177,906
Take Profit
172,818
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.