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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
15.8% Moderate
Bovespa (Brazil)
Bullish172,448
-1.04%
Intraday
Bullish
Daily
Bullish
Weekly
Bearish
Monthly
Bearish
RSI (60.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 171,014 continues to act as dynamic support — price remains above it, reinforcing upside bias. With RSI at 60, the momentum profile supports continued upside. The oscillator has headroom before overbought levels trigger caution. MACD histogram prints positive, confirming the bullish impulse leg is intact. The structured approach identifies Long Call at 69% as the highest-probability play. Risk/reward and regime fit both favour this setup.
Support / Resistance
Support167,658
Resistance191,390
Moving Averages
21-day SMA170,902
50-day SMA175,982
100-day SMA181,595
200-day SMA169,285
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 60.1 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%) | 191,390 |
| 23.6% | 185,789 |
| 38.2% | 182,324 |
| 50.0% | 179,524 |
| 61.8% | 176,724 |
| 78.6% | 172,737 |
| Low (100.0%) | 167,658 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 194,475 |
| Ext 1.272 (Up) | 197,845 |
| Ext 1.618 (Up) | 206,056 |
| Ext 1.13 (Dn) | 164,573 |
| Ext 1.272 (Dn) | 161,203 |
| Ext 1.618 (Dn) | 152,992 |
Trade Setup
Entry
172,448
Stop Loss
171,012
Take Profit
175,320
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
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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.