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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
21.8% High
Bovespa (Brazil)
Strong Bearish168,669
-0.21%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (30.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price has broken below the 20-day SMA (175,521), shifting short-term structure to defensive. RSI has collapsed to 31, indicating capitulation-grade selling. Contrarian risk/reward is compelling if support holds. Momentum confirmation is bearish — MACD histogram negative and signal-line crossover pointing lower. Long Put leads the strategy table at 72% — directional bias and vol regime both align.
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) | 164,071 |
| Ext 1.272 (Dn) | 159,637 |
| Ext 1.618 (Dn) | 148,833 |
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
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
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