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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
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 20-day SMA (171,288) remains unbroken on the downside — bulls retain structural control of the near-term tape. Momentum at 63 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. Quantitative screening across 31 structures identifies Long Strangle (64%) as today's top-ranked setup.
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
175,116
Risk / Reward
2.0
Neutral
Top Options Strategies
Long Strangle64%
Buy OTM Call + Buy OTM Put
Long Straddle64%
Buy ATM Call + Buy ATM Put
Long Call62%
Buy OTM Call
Market Search Previews
Key Takeaway
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
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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.