📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Asia-Pacific Market Pre-Market Analysis
Volatility Index — CBOE VIX
17.3% Moderate
Hang Seng (HSI)
Strong Bearish23,925
-1.59%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (34.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price has broken below the 20-day SMA (24,978), shifting short-term structure to defensive. With the RSI reading at 35, the tape is washed out. Watch for a divergence signal to confirm a base-building attempt. MACD histogram negative and deepening — the momentum profile reinforces the short-side thesis. The scoring engine flags Long Put with a 80% conviction score — the strongest signal in today's scan.
Support / Resistance
Support23,750
Resistance26,845
Moving Averages
21-day SMA25,010
50-day SMA25,628
100-day SMA25,901
200-day SMA25,994
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 34.9 confirms strong selling momentum, though nearing oversold territory.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
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%) | 26,845 |
| 23.6% | 26,114 |
| 38.2% | 25,663 |
| 50.0% | 25,297 |
| 61.8% | 24,932 |
| 78.6% | 24,412 |
| Low (100.0%) | 23,750 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 27,247 |
| Ext 1.272 (Up) | 27,687 |
| Ext 1.618 (Up) | 28,757 |
| Ext 1.13 (Dn) | 23,348 |
| Ext 1.272 (Dn) | 22,908 |
| Ext 1.618 (Dn) | 21,837 |
Trade Setup
Entry
23,925
Stop Loss
24,182
Take Profit
23,411
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put80%
Buy OTM Put
Put Ratio Backspread80%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread77%
Buy Put + Sell lower Put
TAIEX (Taiwan)
Strong Bullish46,465
+1.28%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (58.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The short-term moving average at 44,623 holds as support, keeping the 20-day trend channel intact for now. The oscillator at 58 reflects sustained buying interest — bulls control the momentum channel. MACD histogram turns negative, adding weight to the bearish thesis. Our 31-strategy scoring model ranks Long Call as the highest-conviction play at 85%.
Support / Resistance
Support34,617
Resistance46,566
Moving Averages
21-day SMA44,468
50-day SMA41,364
100-day SMA37,161
200-day SMA32,134
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 58.1 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 46,566 |
| 23.6% | 43,746 |
| 38.2% | 42,001 |
| 50.0% | 40,592 |
| 61.8% | 39,182 |
| 78.6% | 37,174 |
| Low (100.0%) | 34,617 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 48,119 |
| Ext 1.272 (Up) | 49,816 |
| Ext 1.618 (Up) | 53,950 |
| Ext 1.13 (Dn) | 33,064 |
| Ext 1.272 (Dn) | 31,367 |
| Ext 1.618 (Dn) | 27,233 |
Trade Setup
Entry
46,465
Stop Loss
45,722
Take Profit
47,952
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call85%
Buy OTM Call
Call Ratio Backspread85%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread82%
Buy Call + Sell higher Call
Straits Times (STI)
Strong Bullish5,193
-0.39%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (61.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The short-term moving average at 5,066 holds as support, keeping the 20-day trend channel intact for now. With RSI at 62, the momentum profile supports continued upside. The oscillator has headroom before overbought levels trigger caution. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. At 1.3x normal volume, the flow data confirms institutional participation. This is a high-conviction move.
Support / Resistance
Support4,854
Resistance5,226
Moving Averages
21-day SMA5,065
50-day SMA5,008
100-day SMA4,966
200-day SMA4,732
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 61.5 confirms strong buying momentum, with room to run before becoming extremely overbought.
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 is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 5,226 |
| 23.6% | 5,138 |
| 38.2% | 5,084 |
| 50.0% | 5,040 |
| 61.8% | 4,996 |
| 78.6% | 4,933 |
| Low (100.0%) | 4,854 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 5,274 |
| Ext 1.272 (Up) | 5,327 |
| Ext 1.618 (Up) | 5,456 |
| Ext 1.13 (Dn) | 4,805 |
| Ext 1.272 (Dn) | 4,753 |
| Ext 1.618 (Dn) | 4,624 |
Trade Setup
Entry
5,193
Stop Loss
5,151
Take Profit
5,275
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call86%
Buy OTM Call
Call Ratio Backspread86%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread83%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Monitor Asian session volume patterns for institutional positioning signals ahead of European crossover.
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.