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Shunya.Trade Options Engine

Asia-Pacific Market Post-Market Review

July 17, 202603:15 PM LocalReal-Time Market Data
ASX 200 (Australia)
8,784
-0.65%
Volatility Index — CBOE VIX
16.7% Moderate
ASX 200 (Australia)
Neutral
8,784
-0.65%
Intraday
Bullish
Daily
Neutral
Weekly
Bullish
Monthly
Bullish
RSI (45.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Beneath the 20-day moving average (8,794), the tape is in distribution mode. Sellers control the structure. RSI at 45 lingers below the midline — momentum remains in the bears' hands, though not yet at capitulation levels. The convergence-divergence oscillator is in bearish mode. Histogram expansion below zero signals sustained selling pressure. Volume registers below average — the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support8,485
Resistance8,984
Moving Averages
21-day SMA8,796
50-day SMA8,739
100-day SMA8,753
200-day SMA8,781
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 45.5 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
Volume Analysis
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Signal
Inverted V-Shape / Double Top Formation
Fibonacci Retracements
LevelPrice
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
ExtensionPrice
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
8,784
Stop Loss
8,747
Take Profit
8,857
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread67%
Sell near-term + Buy far-term (same strike)
Long Put62%
Buy OTM Put
Long Strangle62%
Buy OTM Call + Buy OTM Put
Market Search Previews
Key Takeaway
Watch SGX Straits Times Index divergence with regional peers for relative strength cues across ASEAN markets.
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⚠ 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.