📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine

Asia-Pacific Market Post-Market Review

July 09, 202606:15 PM LocalReal-Time Market Data
Hang Seng (HSI)
24,030
-0.70%
TAIEX (Taiwan)
45,355
-0.83%
Straits Times (STI)
5,431
+1.15%
Volatility Index — CBOE VIX
16.7% Moderate
Hang Seng (HSI)
Neutral
24,030
-0.70%
Intraday
Bullish
Daily
Neutral
Weekly
Bearish
Monthly
Bearish
RSI (46.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 23,744 continues to act as dynamic support — price remains above it, reinforcing upside bias. The 46 reading on the momentum gauge signals persistent softness. Sellers maintain the edge until a reclaim of the 50-line. On the MACD front, the histogram is positive and the fast line sits above the signal line — textbook bullish configuration. Volume registers below average — the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support22,518
Resistance26,845
Moving Averages
21-day SMA23,783
50-day SMA24,937
100-day SMA25,432
200-day SMA25,857
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 46.5 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
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)26,845
23.6%25,824
38.2%25,192
50.0%24,681
61.8%24,171
78.6%23,444
Low (100.0%)22,518
Extensions
ExtensionPrice
Ext 1.13 (Up)27,407
Ext 1.272 (Up)28,022
Ext 1.618 (Up)29,519
Ext 1.13 (Dn)21,956
Ext 1.272 (Dn)21,341
Ext 1.618 (Dn)19,844
Trade Setup
Entry
24,030
Stop Loss
23,784
Take Profit
24,522
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread79%
Sell near-term + Buy far-term (same strike)
Long Call59%
Buy OTM Call
Call Ratio Backspread59%
Sell 1 lower Call + Buy 2 higher Calls
TAIEX (Taiwan)
Neutral
45,355
-0.83%
Intraday
Bearish
Daily
Neutral
Weekly
Bullish
Monthly
Bullish
RSI (44.2)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price has broken below the 20-day SMA (45,869), shifting short-term structure to defensive. At 44, the momentum oscillator reinforces the bearish lean. Sellers have the edge in the near-term. MACD validates the bearish lean: histogram below zero and expanding in negative territory. The impulse leg is to the downside. Thin participation (0.0x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support38,896
Resistance48,219
Moving Averages
21-day SMA45,743
50-day SMA43,876
100-day SMA39,164
200-day SMA33,675
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 44.2 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)48,219
23.6%46,019
38.2%44,658
50.0%43,558
61.8%42,458
78.6%40,891
Low (100.0%)38,896
Extensions
ExtensionPrice
Ext 1.13 (Up)49,431
Ext 1.272 (Up)50,755
Ext 1.618 (Up)53,980
Ext 1.13 (Dn)37,684
Ext 1.272 (Dn)36,361
Ext 1.618 (Dn)33,135
Trade Setup
Entry
45,355
Stop Loss
44,775
Take Profit
46,513
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread79%
Sell near-term + Buy far-term (same strike)
Long Put59%
Buy OTM Put
Put Ratio Backspread59%
Sell 1 higher Put + Buy 2 lower Puts
Straits Times (STI)
Strong Bullish
5,431
+1.15%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (80.8)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (5,212), the short-term trend channel favours continuation higher. At 81 on the RSI, the asset is technically overbought. Momentum can sustain here, but the probability of a corrective pause rises. On the MACD front, the histogram is positive and the fast line sits above the signal line — textbook bullish configuration. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support4,854
Resistance5,437
Moving Averages
21-day SMA5,202
50-day SMA5,081
100-day SMA5,010
200-day SMA4,797
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 80.8 (Overbought), indicating price is extended and a pullback is likely.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)5,437
23.6%5,299
38.2%5,214
50.0%5,145
61.8%5,077
78.6%4,979
Low (100.0%)4,854
Extensions
ExtensionPrice
Ext 1.13 (Up)5,513
Ext 1.272 (Up)5,596
Ext 1.618 (Up)5,797
Ext 1.13 (Dn)4,778
Ext 1.272 (Dn)4,695
Ext 1.618 (Dn)4,493
Trade Setup
Entry
5,431
Stop Loss
5,402
Take Profit
5,490
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call86%
Buy OTM Call
Call Ratio Backspread86%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread83%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Monitor Asian session volume patterns for institutional positioning signals ahead of European crossover.
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.