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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
15.3% Moderate
Bovespa (Brazil)
Strong Bearish173,833
-0.70%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (29.5)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day average at 179,171 has failed as support, transitioning into resistance. Price must reclaim it to neutralize the bearish signal. RSI has collapsed to 29, indicating capitulation-grade selling. Contrarian risk/reward is compelling if support holds. The convergence-divergence oscillator is in bearish mode. Histogram expansion below zero signals sustained selling pressure. Low-conviction tape — volume at 0.0x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support172,686
Resistance199,355
Moving Averages
21-day SMA179,559
50-day SMA184,983
100-day SMA182,018
200-day SMA165,289
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely low at 29.5 (Oversold), suggesting selling pressure may have exhausted and a bounce is possible.
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% | 193,061 |
| 38.2% | 189,168 |
| 50.0% | 186,021 |
| 61.8% | 182,874 |
| 78.6% | 178,393 |
| Low (100.0%) | 172,686 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 202,822 |
| Ext 1.272 (Up) | 206,609 |
| Ext 1.618 (Up) | 215,836 |
| Ext 1.13 (Dn) | 169,219 |
| Ext 1.272 (Dn) | 165,432 |
| Ext 1.618 (Dn) | 156,205 |
Trade Setup
Entry
173,833
Stop Loss
175,350
Take Profit
170,798
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put74%
Buy OTM Put
Put Ratio Backspread74%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread71%
Buy Put + Sell lower Put
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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.