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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
21.5% High
Bovespa (Brazil)
Strong Bearish169,019
-0.77%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (30.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day moving average at 176,293 now acts as overhead resistance — bears have reclaimed near-term control. At 31, the momentum gauge is deeply oversold. Mean-reversion setups become statistically attractive, though confirmation is key. The moving-average convergence divergence reading confirms downside pressure with a negative and deepening histogram. Volume is running cold at 0.0x the norm. Without broader participation, the current directional bias is vulnerable.
Support / Resistance
Support168,910
Resistance199,355
Moving Averages
21-day SMA176,623
50-day SMA184,335
100-day SMA182,370
200-day SMA165,984
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 30.6 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 crashed below the lower Bollinger Band, indicating panic selling or extreme bearishness.
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% | 192,170 |
| 38.2% | 187,725 |
| 50.0% | 184,132 |
| 61.8% | 180,540 |
| 78.6% | 175,425 |
| Low (100.0%) | 168,910 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 203,313 |
| Ext 1.272 (Up) | 207,636 |
| Ext 1.618 (Up) | 218,170 |
| Ext 1.13 (Dn) | 164,952 |
| Ext 1.272 (Dn) | 160,629 |
| Ext 1.618 (Dn) | 150,095 |
Trade Setup
Entry
169,019
Stop Loss
170,519
Take Profit
166,020
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.