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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
16.6% Moderate
Bovespa (Brazil)
Strong Bearish171,133
-0.21%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (36.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Beneath the 20-day moving average (173,689), the tape is in distribution mode. Sellers control the structure. The 37 reading on the momentum gauge signals persistent softness. Sellers maintain the edge until a reclaim of the 50-line. MACD confirms the directional momentum: histogram above zero and widening. The impulse leg has room to extend. The model's top pick is Long Put (61%) — the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support168,071
Resistance199,355
Moving Averages
21-day SMA173,911
50-day SMA183,035
100-day SMA182,676
200-day SMA166,847
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 36.9 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
171,133
Stop Loss
172,516
Take Profit
168,367
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.