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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
18.8% Moderate
Bovespa (Brazil)
Strong Bearish169,019
-0.77%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (30.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Loss of the 20-day SMA (176,293) flips the near-term structure bearish — the moving average now acts as a ceiling rather than a floor. With the RSI reading at 31, the tape is washed out. Watch for a divergence signal to confirm a base-building attempt. Momentum confirmation is bearish — MACD histogram negative and signal-line crossover pointing lower. The model's top pick is Long Put (72%) — the optimal structure given current trend, momentum, and volatility readings.
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
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.