📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
16.8% Moderate
Bovespa (Brazil)
Bearish170,654
-0.79%
Intraday
Bullish
Daily
Bearish
Weekly
Bearish
Monthly
Bearish
RSI (58.3)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Short-term trend damage is confirmed below the 20-day SMA (171,226). The path of least resistance points lower until this level is recovered. The 58 RSI reading is comfortably above the midline — momentum aligns with the directional thesis. The MACD reading adds conviction to the long thesis — positive and expanding histogram with a bullish signal-line cross. Across the full 31-strategy universe, Long Put captures the highest score at 65%. Alignment across trend, momentum, and vol regime drives the ranking.
Support / Resistance
Support167,658
Resistance189,579
Moving Averages
21-day SMA171,102
50-day SMA175,229
100-day SMA181,300
200-day SMA169,560
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 58.3 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 spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Signal
Inverted V-Shape / Double Top Formation
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 189,579 |
| 23.6% | 184,406 |
| 38.2% | 181,205 |
| 50.0% | 178,618 |
| 61.8% | 176,032 |
| 78.6% | 172,349 |
| Low (100.0%) | 167,658 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 192,429 |
| Ext 1.272 (Up) | 195,542 |
| Ext 1.618 (Up) | 203,126 |
| Ext 1.13 (Dn) | 164,808 |
| Ext 1.272 (Dn) | 161,695 |
| Ext 1.618 (Dn) | 154,111 |
Trade Setup
Entry
170,654
Stop Loss
172,029
Take Profit
167,903
Risk / Reward
2.0
Sell
Top Options Strategies
Long Put65%
Buy OTM Put
Put Ratio Backspread65%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread62%
Buy Put + Sell lower Put
Market Search Previews
Key Takeaway
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
Free Daily Analysis
Get Pre-Market & Post-Market Setups Every Day
Options Engine signals for NIFTY, S&P 500, DAX, Forex & 10+ global markets — completely free.
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.