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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
18.0% Moderate
Bovespa (Brazil)
Bearish170,507
-0.44%
Intraday
Bullish
Daily
Bearish
Weekly
Bearish
Monthly
Bearish
RSI (50.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The break below the 20-day SMA at 170,879 opens the door to further downside probing. With RSI at 51, the momentum profile supports continued upside. The oscillator has headroom before overbought levels trigger caution. The MACD reading adds conviction to the long thesis — positive and expanding histogram with a bullish signal-line cross. The scoring engine flags Long Put with a 68% conviction score — the strongest signal in today's scan.
Support / Resistance
Support167,658
Resistance199,355
Moving Averages
21-day SMA171,151
50-day SMA179,695
100-day SMA182,422
200-day SMA168,050
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 50.6 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
Lower Highs and Lower Lows (Downtrend 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
170,507
Stop Loss
171,896
Take Profit
167,728
Risk / Reward
2.0
Sell
Top Options Strategies
Long Put68%
Buy OTM Put
Put Ratio Backspread68%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread65%
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.