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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
16.4% 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 short-term moving average at 171,625 holds as support, keeping the 20-day trend channel intact for now. RSI has climbed to 69, putting the tape in overbought territory. New directional longs carry elevated reversal risk. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. Across the full 31-strategy universe, Long Call captures the highest score at 86%. Alignment across trend, momentum, and vol regime drives the ranking.
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
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
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
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.