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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
17.5% Moderate
Bovespa (Brazil)
Neutral172,021
-0.25%
Intraday
Bullish
Daily
Neutral
Weekly
Bearish
Monthly
Bearish
RSI (63.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA (171,124) remains unbroken on the downside — bulls retain structural control of the near-term tape. Momentum holds constructive at 64 — firmly in bullish territory with room to run before the tape gets stretched. MACD histogram remains in positive territory, underpinning the current directional move. Calendar Spread leads the strategy table at 74% — directional bias and vol regime both align.
Support / Resistance
Support167,658
Resistance191,340
Moving Averages
21-day SMA171,062
50-day SMA175,607
100-day SMA181,453
200-day SMA169,427
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 63.6 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%) | 191,340 |
| 23.6% | 185,751 |
| 38.2% | 182,293 |
| 50.0% | 179,499 |
| 61.8% | 176,705 |
| 78.6% | 172,726 |
| Low (100.0%) | 167,658 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 194,419 |
| Ext 1.272 (Up) | 197,782 |
| Ext 1.618 (Up) | 205,975 |
| Ext 1.13 (Dn) | 164,579 |
| Ext 1.272 (Dn) | 161,216 |
| Ext 1.618 (Dn) | 153,023 |
Trade Setup
Entry
172,021
Stop Loss
170,890
Take Profit
174,283
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread74%
Sell near-term + Buy far-term (same strike)
Iron Condor58%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread58%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
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.