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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
18.4% Moderate
Bovespa (Brazil)
Strong Bearish168,454
-0.70%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (31.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day average at 172,688 has failed as support, transitioning into resistance. Price must reclaim it to neutralize the bearish signal. At 31, the momentum gauge is deeply oversold. Mean-reversion setups become statistically attractive, though confirmation is key. The MACD reading adds conviction to the long thesis — positive and expanding histogram with a bullish signal-line cross. Volume is running cold at 0.0x the norm. Without broader participation, the current directional bias is vulnerable.
Support / Resistance
Support167,916
Resistance199,355
Moving Averages
21-day SMA172,763
50-day SMA181,936
100-day SMA182,802
200-day SMA167,320
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 31.1 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% | 191,935 |
| 38.2% | 187,345 |
| 50.0% | 183,635 |
| 61.8% | 179,926 |
| 78.6% | 174,644 |
| Low (100.0%) | 167,916 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 203,442 |
| Ext 1.272 (Up) | 207,906 |
| Ext 1.618 (Up) | 218,784 |
| Ext 1.13 (Dn) | 163,829 |
| Ext 1.272 (Dn) | 159,364 |
| Ext 1.618 (Dn) | 148,486 |
Trade Setup
Entry
168,454
Stop Loss
169,985
Take Profit
165,392
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put69%
Buy OTM Put
Put Ratio Backspread69%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread66%
Buy Put + Sell lower Put
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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.