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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
16.2% Moderate
Bovespa (Brazil)
Strong Bearish172,198
-0.91%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (29.4)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term weakness is evident with price trading below the 20-day SMA (178,499). RSI at 29 signals oversold conditions — the selling may be exhausted, creating a mean-reversion setup. MACD histogram turns negative, adding weight to the bearish thesis. Across the full 31-strategy universe, Long Put captures the highest score at 72%. Alignment across trend, momentum, and vol regime drives the ranking.
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) | 154,760 |
Trade Setup
Entry
172,198
Stop Loss
173,724
Take Profit
169,146
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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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.