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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
15.8% Moderate
Bovespa (Brazil)
Strong Bearish174,197
+1.16%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (42.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day moving average at 177,871 now acts as overhead resistance — bears have reclaimed near-term control. RSI at 42 lingers below the midline — momentum remains in the bears' hands, though not yet at capitulation levels. MACD validates the bearish lean: histogram below zero and expanding in negative territory. The impulse leg is to the downside. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support171,793
Resistance199,355
Moving Averages
21-day SMA178,294
50-day SMA184,711
100-day SMA182,226
200-day SMA165,653
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 42.1 is well within the neutral zone, showing balanced momentum without extreme conditions.
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) | 154,760 |
Trade Setup
Entry
174,197
Stop Loss
175,679
Take Profit
171,233
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.