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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
19.8% Moderate
Bovespa (Brazil)
Neutral171,990
+0.87%
Intraday
Bearish
Daily
Neutral
Weekly
Bearish
Monthly
Bullish
RSI (60.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The short-term moving average at 170,691 holds as support, keeping the 20-day trend channel intact for now. With RSI at 61, the momentum profile supports continued upside. The oscillator has headroom before overbought levels trigger caution. MACD histogram prints positive, confirming the bullish impulse leg is intact. Quantitative screening across 31 structures identifies Calendar Spread (71%) as today's top-ranked setup.
Support / Resistance
Support167,658
Resistance199,355
Moving Averages
21-day SMA170,932
50-day SMA179,174
100-day SMA182,295
200-day SMA168,210
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 60.6 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
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
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
171,990
Stop Loss
170,789
Take Profit
174,393
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread71%
Sell near-term + Buy far-term (same strike)
Long Strangle65%
Buy OTM Call + Buy OTM Put
Long Straddle65%
Buy ATM Call + Buy ATM 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.