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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
18.9% Moderate
Bovespa (Brazil)
Strong Bearish168,669
-0.21%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (30.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day average at 175,521 has failed as support, transitioning into resistance. Price must reclaim it to neutralize the bearish signal. At 31, the momentum gauge is deeply oversold. Mean-reversion setups become statistically attractive, though confirmation is key. MACD histogram turns negative, adding weight to the bearish thesis. At 0.0x average volume, the move is thinly traded. Liquidity gaps could trigger sharp reversals on any catalyst.
Support / Resistance
Support168,130
Resistance199,355
Moving Averages
21-day SMA175,930
50-day SMA184,059
100-day SMA182,423
200-day SMA166,146
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 30.5 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% | 191,986 |
| 38.2% | 187,427 |
| 50.0% | 183,742 |
| 61.8% | 180,058 |
| 78.6% | 174,812 |
| Low (100.0%) | 168,130 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 203,414 |
| Ext 1.272 (Up) | 207,848 |
| Ext 1.618 (Up) | 218,652 |
| Ext 1.13 (Dn) | 164,070 |
| Ext 1.272 (Dn) | 159,636 |
| Ext 1.618 (Dn) | 148,832 |
Trade Setup
Entry
168,669
Stop Loss
170,168
Take Profit
165,670
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
Track Selic rate expectations via DI futures curve alongside Ibovespa OI shifts for rate-sensitive sector trades.
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