📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Europe Market Pre-Market Analysis
Volatility Index — CBOE VIX
16.1% Moderate
DAX 40 (DAX)
Bullish24,796
-1.31%
Intraday
Bearish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (55.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price respects the 20-day average at 24,683 as a floor, offering a constructive base for directional longs. RSI at 56 holds above the 50-line, confirming the bullish directional bias without yet reaching overbought extremes. On the MACD, the fast line has crossed below the signal line with a negative histogram — confirming the bearish momentum shift. Across the full 31-strategy universe, Iron Condor captures the highest score at 50%. Alignment across trend, momentum, and vol regime drives the ranking.
Support / Resistance
Support21,864
Resistance25,438
Moving Averages
21-day SMA24,694
50-day SMA24,094
100-day SMA24,322
200-day SMA24,173
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 55.5 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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 25,438 |
| 23.6% | 24,595 |
| 38.2% | 24,073 |
| 50.0% | 23,651 |
| 61.8% | 23,229 |
| 78.6% | 22,629 |
| Low (100.0%) | 21,864 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 25,903 |
| Ext 1.272 (Up) | 26,411 |
| Ext 1.618 (Up) | 27,648 |
| Ext 1.13 (Dn) | 21,399 |
| Ext 1.272 (Dn) | 20,892 |
| Ext 1.618 (Dn) | 19,655 |
Trade Setup
Entry
24,796
Stop Loss
24,562
Take Profit
25,263
Risk / Reward
2.0
Buy
Top Options Strategies
Iron Condor50%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread50%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Calendar Spread50%
Sell near-term + Buy far-term (same strike)
FTSE 100 (FTSE)
Bearish10,332
-0.40%
Intraday
Bearish
Daily
Bearish
Weekly
Bearish
Monthly
Bullish
RSI (50.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term weakness is evident with price trading below the 20-day SMA (10,363). RSI at 50 holds above the 50-line, confirming the bullish directional bias without yet reaching overbought extremes. MACD histogram turns negative, adding weight to the bearish thesis. Our 31-strategy scoring model ranks Iron Condor as the highest-conviction play at 57%.
Support / Resistance
Support9,670
Resistance10,688
Moving Averages
21-day SMA10,356
50-day SMA10,352
100-day SMA10,363
200-day SMA9,954
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 50.4 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
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 10,688 |
| 23.6% | 10,448 |
| 38.2% | 10,299 |
| 50.0% | 10,179 |
| 61.8% | 10,059 |
| 78.6% | 9,888 |
| Low (100.0%) | 9,670 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 10,820 |
| Ext 1.272 (Up) | 10,965 |
| Ext 1.618 (Up) | 11,317 |
| Ext 1.13 (Dn) | 9,538 |
| Ext 1.272 (Dn) | 9,394 |
| Ext 1.618 (Dn) | 9,042 |
Trade Setup
Entry
10,332
Stop Loss
10,396
Take Profit
10,204
Risk / Reward
2.0
Sell
Top Options Strategies
Iron Condor57%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread57%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Calendar Spread57%
Sell near-term + Buy far-term (same strike)
CAC 40 (CAC)
Bullish8,150
-0.71%
Intraday
Bearish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (54.2)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (8,110), the short-term trend channel favours continuation higher. The 54 RSI reading is comfortably above the midline — momentum aligns with the directional thesis. The moving-average convergence divergence oscillator supports the bull case — histogram expanding above the zero line. Strategy selection converges on Long Call (53%) — the quantitative factors align across direction, momentum, and implied volatility.
Support / Resistance
Support7,505
Resistance8,456
Moving Averages
21-day SMA8,119
50-day SMA8,092
100-day SMA8,148
200-day SMA8,082
Moving Average Signals
Golden Cross identified (50-day crossed above 200-day) — Bullish major signal
Momentum (RSI)
RSI at 54.2 is well within the neutral zone, showing balanced momentum without extreme conditions.
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 spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Signal
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 8,456 |
| 23.6% | 8,231 |
| 38.2% | 8,093 |
| 50.0% | 7,980 |
| 61.8% | 7,868 |
| 78.6% | 7,709 |
| Low (100.0%) | 7,505 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 8,579 |
| Ext 1.272 (Up) | 8,714 |
| Ext 1.618 (Up) | 9,043 |
| Ext 1.13 (Dn) | 7,382 |
| Ext 1.272 (Dn) | 7,247 |
| Ext 1.618 (Dn) | 6,918 |
Trade Setup
Entry
8,150
Stop Loss
8,082
Take Profit
8,287
Risk / Reward
2.0
Buy
Top Options Strategies
Long Call53%
Buy OTM Call
Call Ratio Backspread53%
Sell 1 lower Call + Buy 2 higher Calls
Long Strangle51%
Buy OTM Call + Buy OTM Put
Market Search Previews
Key Takeaway
Track DAX/FTSE spread dynamics alongside GBP/EUR FX moves for macro-driven pair trade opportunities.
Free Daily Analysis
Get Pre-Market & Post-Market Setups Every Day
Options Engine signals for NIFTY, S&P 500, DAX, Forex & 10+ global markets — completely free.
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.