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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
16.5% Moderate
Bovespa (Brazil)
Strong Bullish176,641
+0.51%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (64.7)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The short-term moving average at 172,241 holds as support, keeping the 20-day trend channel intact for now. RSI at 65 holds above the 50-line, confirming the bullish directional bias without yet reaching overbought extremes. MACD histogram prints positive, confirming the bullish impulse leg is intact. Volume registers below average — the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support167,658
Resistance188,674
Moving Averages
21-day SMA172,117
50-day SMA174,363
100-day SMA180,830
200-day SMA170,165
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 64.7 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
176,641
Stop Loss
175,138
Take Profit
179,647
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
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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.