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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
16.8% Moderate
Bovespa (Brazil)
Strong Bearish168,334
-0.07%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (32.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Short-term trend damage is confirmed below the 20-day SMA (172,237). The path of least resistance points lower until this level is recovered. Oversold at 32 — the tape has absorbed significant selling pressure. Defined-risk reversal plays gain merit. Momentum confirmation from MACD — the signal line crossover is bullish and the histogram continues to expand. Thin participation (0.0x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support167,658
Resistance199,355
Moving Averages
21-day SMA172,480
50-day SMA181,540
100-day SMA182,767
200-day SMA167,466
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 32.1 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% | 191,874 |
| 38.2% | 187,247 |
| 50.0% | 183,506 |
| 61.8% | 179,766 |
| 78.6% | 174,441 |
| Low (100.0%) | 167,658 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 203,476 |
| Ext 1.272 (Up) | 207,977 |
| Ext 1.618 (Up) | 218,944 |
| Ext 1.13 (Dn) | 163,537 |
| Ext 1.272 (Dn) | 159,036 |
| Ext 1.618 (Dn) | 148,068 |
Trade Setup
Entry
168,334
Stop Loss
169,830
Take Profit
165,341
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 Put Spread69%
Buy Put + Sell lower Put
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Key Takeaway
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
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