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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
16.7% Moderate
Bovespa (Brazil)
Neutral172,024
-0.68%
Intraday
Bearish
Daily
Neutral
Weekly
Bearish
Monthly
Bullish
RSI (62.3)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price respects the 20-day average at 170,565 as a floor, offering a constructive base for directional longs. The 62 RSI reading is comfortably above the midline — momentum aligns with the directional thesis. MACD histogram remains in positive territory, underpinning the current directional move. Strategy selection converges on Long Strangle (65%) — the quantitative factors align across direction, momentum, and implied volatility.
Support / Resistance
Support167,658
Resistance198,666
Moving Averages
21-day SMA170,643
50-day SMA177,681
100-day SMA182,008
200-day SMA168,676
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 62.3 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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 198,666 |
| 23.6% | 191,348 |
| 38.2% | 186,821 |
| 50.0% | 183,162 |
| 61.8% | 179,503 |
| 78.6% | 174,294 |
| Low (100.0%) | 167,658 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 202,697 |
| Ext 1.272 (Up) | 207,100 |
| Ext 1.618 (Up) | 217,829 |
| Ext 1.13 (Dn) | 163,627 |
| Ext 1.272 (Dn) | 159,224 |
| Ext 1.618 (Dn) | 148,495 |
Trade Setup
Entry
172,024
Stop Loss
170,767
Take Profit
174,538
Risk / Reward
2.0
Neutral
Top Options Strategies
Long Strangle65%
Buy OTM Call + Buy OTM Put
Long Straddle65%
Buy ATM Call + Buy ATM Put
Calendar Spread59%
Sell near-term + Buy far-term (same strike)
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.