📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
17.2% Moderate
Bovespa (Brazil)
Strong Bullish175,739
-1.20%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (60.8)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Buyers defend the 20-day SMA at 171,891 — the near-term trend structure remains intact. The 61 RSI reading is comfortably above the midline — momentum aligns with the directional thesis. MACD histogram prints positive, confirming the bullish impulse leg is intact. 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 SMA171,821
50-day SMA174,542
100-day SMA180,924
200-day SMA170,007
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 60.8 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 is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
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
175,739
Stop Loss
174,226
Take Profit
178,765
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call80%
Buy OTM Call
Call Ratio Backspread80%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread77%
Buy Call + Sell higher Call
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.