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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
15.0% Moderate
Bovespa (Brazil)
Strong Bullish177,866
+2.97%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (69.3)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA (171,625) remains unbroken on the downside — bulls retain structural control of the near-term tape. Momentum is overheated at 69. While trend can override oscillators, the statistical edge for fresh longs is diminished. Momentum confirmation from MACD — the signal line crossover is bullish and the histogram continues to expand. Volume is running cold at 0.0x the norm. Without broader participation, the current directional bias is vulnerable.
Support / Resistance
Support167,658
Resistance188,674
Moving Averages
21-day SMA171,601
50-day SMA174,774
100-day SMA181,032
200-day SMA169,858
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 69.3 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
Price has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
Volume Analysis
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 188,674 |
| 23.6% | 183,714 |
| 38.2% | 180,646 |
| 50.0% | 178,166 |
| 61.8% | 175,686 |
| 78.6% | 172,155 |
| Low (100.0%) | 167,658 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 191,406 |
| Ext 1.272 (Up) | 194,390 |
| Ext 1.618 (Up) | 201,662 |
| Ext 1.13 (Dn) | 164,926 |
| Ext 1.272 (Dn) | 161,942 |
| Ext 1.618 (Dn) | 154,670 |
Trade Setup
Entry
177,866
Stop Loss
176,326
Take Profit
180,947
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
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.