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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
16.2% Moderate
Bovespa (Brazil)
Strong Bearish170,415
-0.42%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (31.7)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Sellers have pushed through the 20-day average (173,345), signaling a deterioration in near-term structure. With the RSI reading at 32, the tape is washed out. Watch for a divergence signal to confirm a base-building attempt. MACD histogram prints positive, confirming the bullish impulse leg is intact. Volume is running cold at 0.0x the norm. Without broader participation, the current directional bias is vulnerable.
Support / Resistance
Support168,071
Resistance199,355
Moving Averages
21-day SMA173,533
50-day SMA182,694
100-day SMA182,732
200-day SMA167,009
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 31.7 confirms strong selling momentum, though nearing oversold territory.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
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
170,415
Stop Loss
171,909
Take Profit
167,428
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put61%
Buy OTM Put
Put Ratio Backspread61%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread58%
Buy Put + Sell lower Put
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.