📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Asia-Pacific Market Pre-Market Analysis
Volatility Index — CBOE VIX
16.7% Moderate
ASX 200 (Australia)
Bullish8,841
+0.37%
Intraday
Bullish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (60.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (8,800), the short-term trend channel favours continuation higher. The 60 RSI reading is comfortably above the midline — momentum aligns with the directional thesis. The MACD reading adds conviction to the long thesis — positive and expanding histogram with a bullish signal-line cross. The structured approach identifies Long Call at 66% as the highest-probability play. Risk/reward and regime fit both favour this setup.
Support / Resistance
Support8,485
Resistance8,984
Moving Averages
21-day SMA8,808
50-day SMA8,740
100-day SMA8,757
200-day SMA8,781
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 60.1 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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 8,984 |
| 23.6% | 8,866 |
| 38.2% | 8,793 |
| 50.0% | 8,734 |
| 61.8% | 8,676 |
| 78.6% | 8,592 |
| Low (100.0%) | 8,485 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 9,049 |
| Ext 1.272 (Up) | 9,119 |
| Ext 1.618 (Up) | 9,292 |
| Ext 1.13 (Dn) | 8,420 |
| Ext 1.272 (Dn) | 8,350 |
| Ext 1.618 (Dn) | 8,177 |
Trade Setup
Entry
8,841
Stop Loss
8,797
Take Profit
8,928
Risk / Reward
2.0
Buy
Top Options Strategies
Long Call66%
Buy OTM Call
Call Ratio Backspread66%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread63%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Cross-reference Hang Seng tech sector beta with China PMI surprises for institutional flow-driven Asia-Pacific strategies.
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.