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Shunya.Trade Options Engine

Latin America Market Post-Market Review

July 02, 202605:30 PM LocalReal-Time Market Data
Bovespa (Brazil)
172,788
+0.64%
Volatility Index — CBOE VIX
16.1% Moderate
Bovespa (Brazil)
Neutral
172,788
+0.64%
Intraday
Bullish
Daily
Neutral
Weekly
Bearish
Monthly
Bearish
RSI (56.8)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The short-term moving average at 170,562 holds as support, keeping the 20-day trend channel intact for now. Momentum at 57 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. MACD histogram prints positive, confirming the bullish impulse leg is intact. Volume registers below average — the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support167,658
Resistance196,132
Moving Averages
21-day SMA170,551
50-day SMA176,733
100-day SMA181,779
200-day SMA168,978
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 56.8 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
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
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
LevelPrice
High (0.0%)196,132
23.6%189,412
38.2%185,255
50.0%181,895
61.8%178,535
78.6%173,751
Low (100.0%)167,658
Extensions
ExtensionPrice
Ext 1.13 (Up)199,834
Ext 1.272 (Up)203,877
Ext 1.618 (Up)213,729
Ext 1.13 (Dn)163,956
Ext 1.272 (Dn)159,913
Ext 1.618 (Dn)150,061
Trade Setup
Entry
172,788
Stop Loss
171,568
Take Profit
175,228
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread67%
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
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
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⚠ 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.