📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Asia-Pacific Market Pre-Market Analysis
Volatility Index — CBOE VIX
16.5% Moderate
Hang Seng (HSI)
Neutral24,214
+0.16%
Intraday
Bearish
Daily
Neutral
Weekly
Bearish
Monthly
Bearish
RSI (56.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 23,730 continues to act as dynamic support — price remains above it, reinforcing upside bias. The oscillator at 56 reflects sustained buying interest — bulls control the momentum channel. MACD confirms the directional momentum: histogram above zero and widening. The impulse leg has room to extend. The scoring engine flags Calendar Spread with a 86% conviction score — the strongest signal in today's scan.
Support / Resistance
Support22,518
Resistance26,845
Moving Averages
21-day SMA23,755
50-day SMA24,872
100-day SMA25,380
200-day SMA25,836
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 56.1 is well within the neutral zone, showing balanced momentum without extreme conditions.
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
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 26,845 |
| 23.6% | 25,824 |
| 38.2% | 25,192 |
| 50.0% | 24,681 |
| 61.8% | 24,171 |
| 78.6% | 23,444 |
| Low (100.0%) | 22,518 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 27,407 |
| Ext 1.272 (Up) | 28,022 |
| Ext 1.618 (Up) | 29,519 |
| Ext 1.13 (Dn) | 21,956 |
| Ext 1.272 (Dn) | 21,341 |
| Ext 1.618 (Dn) | 19,844 |
Trade Setup
Entry
24,214
Stop Loss
23,976
Take Profit
24,690
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread86%
Sell near-term + Buy far-term (same strike)
Iron Condor64%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread64%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
TAIEX (Taiwan)
Neutral45,381
+0.06%
Intraday
Bullish
Daily
Neutral
Weekly
Bullish
Monthly
Bullish
RSI (35.8)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day moving average at 45,980 now acts as overhead resistance — bears have reclaimed near-term control. With RSI at 36, the path of least resistance remains to the downside until buyers can reclaim the neutral zone. MACD histogram negative and deepening — the momentum profile reinforces the short-side thesis. Calendar Spread leads the strategy table at 78% — directional bias and vol regime both align.
Support / Resistance
Support38,927
Resistance48,219
Moving Averages
21-day SMA45,845
50-day SMA43,998
100-day SMA39,295
200-day SMA33,778
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 35.8 confirms strong selling momentum, though nearing oversold territory.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
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%) | 48,219 |
| 23.6% | 46,026 |
| 38.2% | 44,669 |
| 50.0% | 43,573 |
| 61.8% | 42,476 |
| 78.6% | 40,915 |
| Low (100.0%) | 38,927 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 49,427 |
| Ext 1.272 (Up) | 50,746 |
| Ext 1.618 (Up) | 53,961 |
| Ext 1.13 (Dn) | 37,719 |
| Ext 1.272 (Dn) | 36,399 |
| Ext 1.618 (Dn) | 33,184 |
Trade Setup
Entry
45,381
Stop Loss
44,814
Take Profit
46,514
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread78%
Sell near-term + Buy far-term (same strike)
Long Put59%
Buy OTM Put
Put Ratio Backspread59%
Sell 1 higher Put + Buy 2 lower Puts
Straits Times (STI)
Strong Bullish5,470
+0.02%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (82.0)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Buyers defend the 20-day SMA at 5,254 — the near-term trend structure remains intact. Momentum is overheated at 82. While trend can override oscillators, the statistical edge for fresh longs is diminished. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. Long Call leads the strategy table at 86% — directional bias and vol regime both align.
Support / Resistance
Support4,881
Resistance5,475
Moving Averages
21-day SMA5,246
50-day SMA5,105
100-day SMA5,020
200-day SMA4,809
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 82.0 (Overbought), indicating price is extended and a pullback is likely.
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 is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 5,475 |
| 23.6% | 5,335 |
| 38.2% | 5,248 |
| 50.0% | 5,178 |
| 61.8% | 5,108 |
| 78.6% | 5,008 |
| Low (100.0%) | 4,881 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 5,552 |
| Ext 1.272 (Up) | 5,636 |
| Ext 1.618 (Up) | 5,842 |
| Ext 1.13 (Dn) | 4,803 |
| Ext 1.272 (Dn) | 4,719 |
| Ext 1.618 (Dn) | 4,513 |
Trade Setup
Entry
5,470
Stop Loss
5,440
Take Profit
5,531
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 Asian session volume patterns for institutional positioning signals ahead of European crossover.
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.