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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
17.1% Moderate
Bovespa (Brazil)
Strong Bearish168,454
-0.70%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (31.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price beneath the 20-day moving average (172,688), the burden of proof shifts to the bulls. Rallies into the SMA are selling opportunities until reclaimed. Oversold at 31 — the tape has absorbed significant selling pressure. Defined-risk reversal plays gain merit. The MACD reading adds conviction to the long thesis — positive and expanding histogram with a bullish signal-line cross. Across the full 31-strategy universe, Long Put captures the highest score at 69%. Alignment across trend, momentum, and vol regime drives the ranking.
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% | 183,636 |
| 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) | 159,365 |
| Ext 1.618 (Dn) | 148,487 |
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
Market Search Previews
Key Takeaway
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
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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.