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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
15.8% Moderate
Bovespa (Brazil)
Strong Bearish170,331
-2.22%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (30.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Sellers have pushed through the 20-day average (177,003), signaling a deterioration in near-term structure. RSI at 31 signals oversold conditions — the selling may be exhausted, creating a mean-reversion setup. The convergence-divergence oscillator is in bearish mode. Histogram expansion below zero signals sustained selling pressure. Strategy selection converges on Long Put (72%) — the quantitative factors align across direction, momentum, and implied volatility.
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% | 184,682 |
| 61.8% | 181,219 |
| 78.6% | 176,288 |
| Low (100.0%) | 170,008 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 203,170 |
| Ext 1.272 (Up) | 207,337 |
| Ext 1.618 (Up) | 217,491 |
| Ext 1.13 (Dn) | 166,193 |
| Ext 1.272 (Dn) | 162,026 |
| Ext 1.618 (Dn) | 151,872 |
Trade Setup
Entry
170,331
Stop Loss
171,891
Take Profit
167,212
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.