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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
17.3% Moderate
Bovespa (Brazil)
Strong Bearish170,370
+1.06%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (44.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day moving average at 171,488 now acts as overhead resistance — bears have reclaimed near-term control. With RSI at 45, the path of least resistance remains to the downside until buyers can reclaim the neutral zone. 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 SMA171,713
50-day SMA180,708
100-day SMA182,611
200-day SMA167,748
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 44.9 is well within the neutral zone, showing balanced momentum without extreme conditions.
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
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 199,355 |
| 23.6% | 191,875 |
| 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) | 148,069 |
Trade Setup
Entry
170,370
Stop Loss
171,845
Take Profit
167,422
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put64%
Buy OTM Put
Put Ratio Backspread64%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread61%
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.