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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
20.7% High
Bovespa (Brazil)
Strong Bearish168,619
-0.70%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (25.6)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price beneath the 20-day moving average (174,330), the burden of proof shifts to the bulls. Rallies into the SMA are selling opportunities until reclaimed. At 26, the momentum gauge is deeply oversold. Mean-reversion setups become statistically attractive, though confirmation is key. On the MACD, the fast line has crossed below the signal line with a negative histogram — confirming the bearish momentum shift. The model's top pick is Long Put (72%) — the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support168,071
Resistance199,355
Moving Averages
21-day SMA174,617
50-day SMA183,464
100-day SMA182,556
200-day SMA166,479
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely low at 25.6 (Oversold), suggesting selling pressure may have exhausted and a bounce is possible.
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
168,619
Stop Loss
169,972
Take Profit
165,913
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.