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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
16.4% Moderate
Bovespa (Brazil)
Strong Bearish169,648
-0.45%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (31.7)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The break below the 20-day SMA at 172,979 opens the door to further downside probing. At 32, the momentum gauge is deeply oversold. Mean-reversion setups become statistically attractive, though confirmation is key. On the MACD front, the histogram is positive and the fast line sits above the signal line — textbook bullish configuration. 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 SMA173,169
50-day SMA182,328
100-day SMA182,780
200-day SMA167,167
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
169,648
Stop Loss
171,099
Take Profit
166,748
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put63%
Buy OTM Put
Put Ratio Backspread63%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread60%
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.