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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
16.3% Moderate
Bovespa (Brazil)
Bullish174,266
+0.86%
Intraday
Bearish
Daily
Bullish
Weekly
Bearish
Monthly
Bullish
RSI (65.0)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The short-term moving average at 170,825 holds as support, keeping the 20-day trend channel intact for now. The 65 RSI reading is comfortably above the midline — momentum aligns with the directional thesis. Momentum confirmation from MACD — the signal line crossover is bullish and the histogram continues to expand. Volume registers below average — the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support167,658
Resistance193,347
Moving Averages
21-day SMA170,739
50-day SMA176,360
100-day SMA181,700
200-day SMA169,134
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 65.0 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
174,266
Stop Loss
172,888
Take Profit
177,023
Risk / Reward
2.0
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 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.