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Shunya.Trade Options Engine

Asia-Pacific Market Pre-Market Analysis

May 28, 202608:15 AM LocalReal-Time Market Data
ASX 200 (Australia)
8,658
-0.39%
Volatility Index — CBOE VIX
16.3% Moderate
ASX 200 (Australia)
Strong Bearish
8,658
-0.39%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (42.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Short-term trend damage is confirmed below the 20-day SMA (8,669). The path of least resistance points lower until this level is recovered. The 43 reading on the momentum gauge signals persistent softness. Sellers maintain the edge until a reclaim of the 50-line. The moving-average convergence divergence oscillator supports the bull case — histogram expanding above the zero line. Across the full 31-strategy universe, Long Put captures the highest score at 50%. Alignment across trend, momentum, and vol regime drives the ranking.
Support / Resistance
Support8,262
Resistance9,022
Moving Averages
21-day SMA8,671
50-day SMA8,698
100-day SMA8,790
200-day SMA8,798
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 42.6 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
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
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
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
ExtensionPrice
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
8,658
Stop Loss
8,715
Take Profit
8,543
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put50%
Buy OTM Put
Put Ratio Backspread50%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread47%
Sell Call + Buy higher Call
Market Search Previews
Key Takeaway
Watch SGX Straits Times Index divergence with regional peers for relative strength cues across ASEAN markets.
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⚠ 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.