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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
15.8% Moderate
Bovespa (Brazil)
Neutral174,070
+0.74%
Intraday
Bearish
Daily
Neutral
Weekly
Bearish
Monthly
Bullish
RSI (64.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 170,815 continues to act as dynamic support — price remains above it, reinforcing upside bias. The oscillator at 64 reflects sustained buying interest — bulls control the momentum channel. The MACD reading adds conviction to the long thesis — positive and expanding histogram with a bullish signal-line cross. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support167,658
Resistance193,347
Moving Averages
21-day SMA170,729
50-day SMA176,356
100-day SMA181,698
200-day SMA169,133
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 64.5 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
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
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 193,347 |
| 23.6% | 187,284 |
| 38.2% | 183,534 |
| 50.0% | 180,502 |
| 61.8% | 177,471 |
| 78.6% | 173,155 |
| Low (100.0%) | 167,658 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 196,687 |
| Ext 1.272 (Up) | 200,334 |
| Ext 1.618 (Up) | 209,223 |
| Ext 1.13 (Dn) | 164,318 |
| Ext 1.272 (Dn) | 160,671 |
| Ext 1.618 (Dn) | 151,782 |
Trade Setup
Entry
174,070
Stop Loss
172,922
Take Profit
176,367
Risk / Reward
2.0
Neutral
Top Options Strategies
Long Strangle64%
Buy OTM Call + Buy OTM Put
Long Straddle64%
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.