📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Asia-Pacific Market Pre-Market Analysis
Volatility Index — CBOE VIX
16.1% Moderate
Hang Seng (HSI)
Strong Bearish23,055
+0.76%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (32.0)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price beneath the 20-day moving average (24,062), the burden of proof shifts to the bulls. Rallies into the SMA are selling opportunities until reclaimed. At 32, the momentum gauge is deeply oversold. Mean-reversion setups become statistically attractive, though confirmation is key. Momentum confirmation is bearish — MACD histogram negative and signal-line crossover pointing lower. Strategy selection converges on Long Put (80%) — the quantitative factors align across direction, momentum, and implied volatility.
Support / Resistance
Support22,518
Resistance26,845
Moving Averages
21-day SMA24,157
50-day SMA25,181
100-day SMA25,592
200-day SMA25,905
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 32.0 confirms strong selling momentum, though nearing oversold territory.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
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%) | 26,845 |
| 23.6% | 25,824 |
| 38.2% | 25,192 |
| 50.0% | 24,681 |
| 61.8% | 24,171 |
| 78.6% | 23,444 |
| Low (100.0%) | 22,518 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 27,407 |
| Ext 1.272 (Up) | 28,022 |
| Ext 1.618 (Up) | 29,519 |
| Ext 1.13 (Dn) | 21,956 |
| Ext 1.272 (Dn) | 21,341 |
| Ext 1.618 (Dn) | 19,844 |
Trade Setup
Entry
23,055
Stop Loss
23,330
Take Profit
22,506
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put80%
Buy OTM Put
Put Ratio Backspread80%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread77%
Buy Put + Sell lower Put
TAIEX (Taiwan)
Strong Bullish46,744
-0.58%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (66.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price respects the 20-day average at 45,483 as a floor, offering a constructive base for directional longs. RSI reading of 66 signals extended positioning. Watch for mean-reversion setups on any loss of momentum. MACD histogram turns negative, adding weight to the bearish thesis. Across the full 31-strategy universe, Long Call captures the highest score at 72%. Alignment across trend, momentum, and vol regime drives the ranking.
Support / Resistance
Support37,164
Resistance48,219
Moving Averages
21-day SMA45,529
50-day SMA43,151
100-day SMA38,478
200-day SMA33,132
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 66.5 confirms strong buying momentum, with room to run before becoming extremely overbought.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
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%) | 48,219 |
| 23.6% | 45,610 |
| 38.2% | 43,996 |
| 50.0% | 42,692 |
| 61.8% | 41,387 |
| 78.6% | 39,530 |
| Low (100.0%) | 37,164 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 49,656 |
| Ext 1.272 (Up) | 51,226 |
| Ext 1.618 (Up) | 55,051 |
| Ext 1.13 (Dn) | 35,727 |
| Ext 1.272 (Dn) | 34,158 |
| Ext 1.618 (Dn) | 30,333 |
Trade Setup
Entry
46,744
Stop Loss
46,056
Take Profit
48,120
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call72%
Buy OTM Call
Call Ratio Backspread72%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread69%
Buy Call + Sell higher Call
Straits Times (STI)
Strong Bullish5,217
+1.08%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (75.1)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Trading above the 20-day SMA (5,129), the asset maintains its bullish price structure — dip-buying remains the high-probability play. Momentum oscillator at 75 enters overbought territory — the tape is stretched and vulnerable to profit-taking. The convergence-divergence oscillator is in bearish mode. Histogram expansion below zero signals sustained selling pressure. Our 31-strategy scoring model ranks Long Call as the highest-conviction play at 69%.
Support / Resistance
Support4,854
Resistance5,242
Moving Averages
21-day SMA5,126
50-day SMA5,044
100-day SMA4,992
200-day SMA4,772
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 75.1 (Overbought), indicating price is extended and a pullback is likely.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 5,242 |
| 23.6% | 5,150 |
| 38.2% | 5,094 |
| 50.0% | 5,048 |
| 61.8% | 5,002 |
| 78.6% | 4,937 |
| Low (100.0%) | 4,854 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 5,292 |
| Ext 1.272 (Up) | 5,347 |
| Ext 1.618 (Up) | 5,482 |
| Ext 1.13 (Dn) | 4,803 |
| Ext 1.272 (Dn) | 4,748 |
| Ext 1.618 (Dn) | 4,614 |
Trade Setup
Entry
5,217
Stop Loss
5,186
Take Profit
5,279
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call69%
Buy OTM Call
Call Ratio Backspread69%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread66%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Track USD/JPY correlation with Nikkei 225 and watch Hang Seng tech sector for regional momentum cues.
Free Daily Analysis
Get Pre-Market & Post-Market Setups Every Day
Options Engine signals for NIFTY, S&P 500, DAX, Forex & 10+ global markets — completely free.
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.