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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
16.0% Moderate
Bovespa (Brazil)
Strong Bearish172,197
-0.92%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (29.4)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The break below the 20-day SMA at 178,499 opens the door to further downside probing. The 29 RSI print suggests aggressive selling has run its course — buyers may attempt to step in near support. Momentum confirmation is bearish — MACD histogram negative and signal-line crossover pointing lower. Low-conviction tape — volume at 0.0x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support171,793
Resistance199,355
Moving Averages
21-day SMA178,837
50-day SMA184,833
100-day SMA182,121
200-day SMA165,471
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely low at 29.4 (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% | 192,850 |
| 38.2% | 188,826 |
| 50.0% | 185,574 |
| 61.8% | 182,322 |
| 78.6% | 177,691 |
| Low (100.0%) | 171,793 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 202,938 |
| Ext 1.272 (Up) | 206,852 |
| Ext 1.618 (Up) | 216,388 |
| Ext 1.13 (Dn) | 168,210 |
| Ext 1.272 (Dn) | 164,296 |
| Ext 1.618 (Dn) | 154,759 |
Trade Setup
Entry
172,197
Stop Loss
173,724
Take Profit
169,145
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put72%
Buy OTM Put
Put Ratio Backspread72%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread69%
Sell Call + Buy higher Call
Market Search Previews
Key Takeaway
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
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