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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
16.1% Moderate
Bovespa (Brazil)
Strong Bearish170,331
-2.22%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (30.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Short-term trend damage is confirmed below the 20-day SMA (177,003). The path of least resistance points lower until this level is recovered. The 31 RSI print suggests aggressive selling has run its course — buyers may attempt to step in near support. The moving-average convergence divergence reading confirms downside pressure with a negative and deepening histogram. At 0.0x average volume, the move is thinly traded. Liquidity gaps could trigger sharp reversals on any catalyst.
Support / Resistance
Support170,008
Resistance199,355
Moving Averages
21-day SMA177,512
50-day SMA184,594
100-day SMA182,310
200-day SMA165,821
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 30.9 confirms strong selling momentum, though nearing oversold territory.
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% | 192,429 |
| 38.2% | 188,144 |
| 50.0% | 184,681 |
| 61.8% | 181,218 |
| 78.6% | 176,288 |
| Low (100.0%) | 170,008 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 203,170 |
| Ext 1.272 (Up) | 207,338 |
| Ext 1.618 (Up) | 217,492 |
| Ext 1.13 (Dn) | 166,192 |
| Ext 1.272 (Dn) | 162,025 |
| Ext 1.618 (Dn) | 151,871 |
Trade Setup
Entry
170,331
Stop Loss
171,890
Take Profit
167,211
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
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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.