📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
19.6% 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. RSI at 45 lingers below the midline — momentum remains in the bears' hands, though not yet at capitulation levels. The moving-average convergence divergence oscillator supports the bull case — histogram expanding above the zero line. Quantitative screening across 31 structures identifies Long Put (64%) as today's top-ranked setup.
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
171,844
Take Profit
167,421
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
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
Free Daily Analysis
Get Pre-Market & Post-Market Setups Every Day
Options Engine signals for NIFTY, S&P 500, DAX, Forex & 10+ global markets — completely free.
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.