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Shunya.Trade Options Engine

Europe Market Post-Market Review

July 06, 202604:45 PM LocalReal-Time Market Data
DAX 40 (DAX)
25,833
+0.21%
FTSE 100 (FTSE)
10,649
-0.28%
CAC 40 (CAC)
8,478
-0.36%
Volatility Index — CBOE VIX
15.9% Moderate
DAX 40 (DAX)
Strong Bullish
25,833
+0.21%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (68.2)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price holds above the 20-day moving average at 24,926, preserving the near-term bullish structure. At 68 on the RSI, the asset is technically overbought. Momentum can sustain here, but the probability of a corrective pause rises. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. At 0.0x average volume, the move is thinly traded. Liquidity gaps could trigger sharp reversals on any catalyst.
Support / Resistance
Support23,716
Resistance25,900
Moving Averages
21-day SMA24,911
50-day SMA24,723
100-day SMA24,325
200-day SMA24,290
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 68.2 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
Price has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
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
LevelPrice
High (0.0%)25,900
23.6%25,385
38.2%25,066
50.0%24,808
61.8%24,550
78.6%24,183
Low (100.0%)23,716
Extensions
ExtensionPrice
Ext 1.13 (Up)26,184
Ext 1.272 (Up)26,494
Ext 1.618 (Up)27,250
Ext 1.13 (Dn)23,432
Ext 1.272 (Dn)23,122
Ext 1.618 (Dn)22,366
Trade Setup
Entry
25,833
Stop Loss
25,647
Take Profit
26,205
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call89%
Buy OTM Call
Call Ratio Backspread89%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread86%
Buy Call + Sell higher Call
FTSE 100 (FTSE)
Strong Bullish
10,649
-0.28%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (61.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price respects the 20-day average at 10,463 as a floor, offering a constructive base for directional longs. The 62 RSI reading is comfortably above the midline β€” momentum aligns with the directional thesis. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. Volume registers below average β€” the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support10,128
Resistance10,733
Moving Averages
21-day SMA10,459
50-day SMA10,396
100-day SMA10,414
200-day SMA10,094
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 61.9 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
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
LevelPrice
High (0.0%)10,733
23.6%10,590
38.2%10,502
50.0%10,430
61.8%10,359
78.6%10,257
Low (100.0%)10,128
Extensions
ExtensionPrice
Ext 1.13 (Up)10,812
Ext 1.272 (Up)10,898
Ext 1.618 (Up)11,108
Ext 1.13 (Dn)10,049
Ext 1.272 (Dn)9,963
Ext 1.618 (Dn)9,753
Trade Setup
Entry
10,649
Stop Loss
10,583
Take Profit
10,781
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call83%
Buy OTM Call
Call Ratio Backspread83%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread80%
Buy Call + Sell higher Call
CAC 40 (CAC)
Strong Bullish
8,478
-0.36%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (52.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Trading above the 20-day SMA (8,379), the asset maintains its bullish price structure β€” dip-buying remains the high-probability play. The 52 RSI reading is comfortably above the midline β€” momentum aligns with the directional thesis. The MACD reading adds conviction to the long thesis β€” positive and expanding histogram with a bullish signal-line cross. Thin participation (0.0x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support7,854
Resistance8,561
Moving Averages
21-day SMA8,370
50-day SMA8,224
100-day SMA8,183
200-day SMA8,147
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 52.4 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
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
LevelPrice
High (0.0%)8,561
23.6%8,394
38.2%8,291
50.0%8,208
61.8%8,124
78.6%8,006
Low (100.0%)7,854
Extensions
ExtensionPrice
Ext 1.13 (Up)8,653
Ext 1.272 (Up)8,754
Ext 1.618 (Up)8,998
Ext 1.13 (Dn)7,762
Ext 1.272 (Dn)7,662
Ext 1.618 (Dn)7,417
Trade Setup
Entry
8,478
Stop Loss
8,429
Take Profit
8,576
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call90%
Buy OTM Call
Call Ratio Backspread90%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread87%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Monitor European central bank rhetoric and index correlation with US overnight moves.
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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.