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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
15.8% Moderate
Bovespa (Brazil)
Neutral172,742
+1.22%
Intraday
Bullish
Daily
Neutral
Weekly
Bearish
Monthly
Bearish
RSI (62.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The short-term moving average at 171,288 holds as support, keeping the 20-day trend channel intact for now. Momentum at 63 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. The moving-average convergence divergence oscillator supports the bull case — histogram expanding above the zero line. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support167,658
Resistance188,710
Moving Averages
21-day SMA171,298
50-day SMA174,911
100-day SMA181,130
200-day SMA169,696
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 62.9 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 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%) | 188,710 |
| 23.6% | 183,742 |
| 38.2% | 180,668 |
| 50.0% | 178,184 |
| 61.8% | 175,700 |
| 78.6% | 172,163 |
| Low (100.0%) | 167,658 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 191,447 |
| Ext 1.272 (Up) | 194,436 |
| Ext 1.618 (Up) | 201,720 |
| Ext 1.13 (Dn) | 164,921 |
| Ext 1.272 (Dn) | 161,932 |
| Ext 1.618 (Dn) | 154,648 |
Trade Setup
Entry
172,742
Stop Loss
171,555
Take Profit
175,117
Risk / Reward
2.0
Neutral
Top Options Strategies
Long Strangle58%
Buy OTM Call + Buy OTM Put
Long Straddle58%
Buy ATM Call + Buy ATM Put
Long Call56%
Buy OTM 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.