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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
15.8% Moderate
Bovespa (Brazil)
Strong Bearish175,063
-0.39%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (28.1)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day average at 179,846 has failed as support, transitioning into resistance. Price must reclaim it to neutralize the bearish signal. Momentum oscillator at 28 enters oversold territory. Contrarian long setups and defined-risk debit strategies gain merit. Momentum confirmation is bearish — MACD histogram negative and signal-line crossover pointing lower. The scoring engine flags Long Put with a 66% conviction score — the strongest signal in today's scan.
Support / Resistance
Support173,544
Resistance199,355
Moving Averages
21-day SMA180,079
50-day SMA185,114
100-day SMA181,885
200-day SMA165,099
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely low at 28.1 (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% | 193,264 |
| 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
175,063
Stop Loss
176,603
Take Profit
171,983
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put66%
Buy OTM Put
Put Ratio Backspread66%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread63%
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.