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Shunya.Trade Options Engine

Asia-Pacific Market Post-Market Review

May 29, 202606:15 PM LocalReal-Time Market Data
Hang Seng (HSI)
25,182
+0.70%
TAIEX (Taiwan)
44,733
+2.51%
Straits Times (STI)
5,033
+0.88%
Volatility Index — CBOE VIX
15.8% Moderate
Hang Seng (HSI)
Strong Bearish
25,182
+0.70%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (24.3)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Loss of the 20-day SMA (25,887) flips the near-term structure bearish — the moving average now acts as a ceiling rather than a floor. RSI at 24 signals oversold conditions — the selling may be exhausted, creating a mean-reversion setup. MACD histogram turns negative, adding weight to the bearish thesis. Thin participation (0.0x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support24,204
Resistance26,845
Moving Averages
21-day SMA25,897
50-day SMA25,740
100-day SMA26,132
200-day SMA26,016
Moving Average Signals
Bearish short-term cross (21-EMA crossed below 50-SMA) — Trend accelerating downward
Momentum (RSI)
RSI is extremely low at 24.3 (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
Inverted V-Shape / Double Top Formation
Fibonacci Retracements
LevelPrice
High (0.0%)26,845
23.6%26,221
38.2%25,836
50.0%25,524
61.8%25,212
78.6%24,769
Low (100.0%)24,204
Extensions
ExtensionPrice
Ext 1.13 (Up)27,188
Ext 1.272 (Up)27,563
Ext 1.618 (Up)28,477
Ext 1.13 (Dn)23,860
Ext 1.272 (Dn)23,485
Ext 1.618 (Dn)22,571
Trade Setup
Entry
25,182
Stop Loss
25,400
Take Profit
24,748
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
TAIEX (Taiwan)
Strong Bullish
44,733
+2.51%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (66.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Trading above the 20-day SMA (41,933), the asset maintains its bullish price structure — dip-buying remains the high-probability play. At 66 on the RSI, the asset is technically overbought. Momentum can sustain here, but the probability of a corrective pause rises. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support31,706
Resistance44,954
Moving Averages
21-day SMA41,790
50-day SMA38,052
100-day SMA35,024
200-day SMA30,660
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 66.5 confirms strong buying momentum, with room to run before becoming extremely overbought.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)44,954
23.6%41,828
38.2%39,893
50.0%38,330
61.8%36,767
78.6%34,541
Low (100.0%)31,706
Extensions
ExtensionPrice
Ext 1.13 (Up)46,676
Ext 1.272 (Up)48,558
Ext 1.618 (Up)53,141
Ext 1.13 (Dn)29,984
Ext 1.272 (Dn)28,103
Ext 1.618 (Dn)23,519
Trade Setup
Entry
44,733
Stop Loss
44,083
Take Profit
46,032
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call72%
Buy OTM Call
Call Ratio Backspread72%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)69%
Sell OTM Put
Straits Times (STI)
Strong Bullish
5,033
+0.88%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (65.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price holds above the 20-day moving average at 4,989, preserving the near-term bullish structure. RSI reading of 65 signals extended positioning. Watch for mean-reversion setups on any loss of momentum. On the MACD front, the histogram is positive and the fast line sits above the signal line — textbook bullish configuration. Volume is running cold at 0.0x the norm. Without broader participation, the current directional bias is vulnerable.
Support / Resistance
Support4,817
Resistance5,102
Moving Averages
21-day SMA4,983
50-day SMA4,965
100-day SMA4,925
200-day SMA4,674
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 65.5 confirms strong buying momentum, with room to run before becoming extremely overbought.
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
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)5,102
23.6%5,035
38.2%4,993
50.0%4,960
61.8%4,926
78.6%4,878
Low (100.0%)4,817
Extensions
ExtensionPrice
Ext 1.13 (Up)5,139
Ext 1.272 (Up)5,180
Ext 1.618 (Up)5,278
Ext 1.13 (Dn)4,780
Ext 1.272 (Dn)4,740
Ext 1.618 (Dn)4,641
Trade Setup
Entry
5,033
Stop Loss
5,005
Take Profit
5,088
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call63%
Buy OTM Call
Call Ratio Backspread63%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)60%
Sell OTM Put
Market Search Previews
Key Takeaway
Track USD/JPY correlation with Nikkei 225 and watch Hang Seng tech sector for regional momentum cues.
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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.