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Shunya.Trade Options Engine
Asia-Pacific Market Pre-Market Analysis
Volatility Index — CBOE VIX
16.9% Moderate
ASX 200 (Australia)
Bullish8,804
-0.31%
Intraday
Bullish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (36.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day moving average at 8,804 now acts as overhead resistance — bears have reclaimed near-term control. RSI at 36 lingers below the midline — momentum remains in the bears' hands, though not yet at capitulation levels. The MACD reading is bearish — histogram below zero and expanding, suggesting selling pressure has momentum behind it. Strategy selection converges on Long Strangle (65%) — the quantitative factors align across direction, momentum, and implied volatility.
Support / Resistance
Support8,485
Resistance8,984
Moving Averages
21-day SMA8,795
50-day SMA8,728
100-day SMA8,770
200-day SMA8,781
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 36.4 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
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
Volume Analysis
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Signal
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 8,984 |
| 23.6% | 8,866 |
| 38.2% | 8,793 |
| 50.0% | 8,734 |
| 61.8% | 8,676 |
| 78.6% | 8,592 |
| Low (100.0%) | 8,485 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 9,049 |
| Ext 1.272 (Up) | 9,119 |
| Ext 1.618 (Up) | 9,292 |
| Ext 1.13 (Dn) | 8,420 |
| Ext 1.272 (Dn) | 8,350 |
| Ext 1.618 (Dn) | 8,177 |
Trade Setup
Entry
8,804
Stop Loss
8,762
Take Profit
8,888
Risk / Reward
2.0
Buy
Top Options Strategies
Long Strangle65%
Buy OTM Call + Buy OTM Put
Long Straddle65%
Buy ATM Call + Buy ATM Put
Calendar Spread64%
Sell near-term + Buy far-term (same strike)
Market Search Previews
Key Takeaway
Track USD/JPY correlation with Nikkei 225 and watch Hang Seng tech sector for regional momentum cues.
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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.