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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
19.4% Moderate
Bovespa (Brazil)
Strong Bearish171,497
+1.71%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (35.0)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term weakness is evident with price trading below the 20-day SMA (174,050). Oversold at 35 — the tape has absorbed significant selling pressure. Defined-risk reversal plays gain merit. Momentum confirmation is bearish — MACD histogram negative and signal-line crossover pointing lower. Thin participation (0.0x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support168,071
Resistance199,355
Moving Averages
21-day SMA174,196
50-day SMA183,263
100-day SMA182,620
200-day SMA166,664
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 35.0 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% | 191,972 |
| 38.2% | 187,405 |
| 50.0% | 183,713 |
| 61.8% | 180,021 |
| 78.6% | 174,766 |
| Low (100.0%) | 168,071 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 203,422 |
| Ext 1.272 (Up) | 207,864 |
| Ext 1.618 (Up) | 218,689 |
| Ext 1.13 (Dn) | 164,004 |
| Ext 1.272 (Dn) | 159,562 |
| Ext 1.618 (Dn) | 148,737 |
Trade Setup
Entry
171,497
Stop Loss
172,889
Take Profit
168,713
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put58%
Buy OTM Put
Put Ratio Backspread58%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread55%
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.