📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
18.3% Moderate
Bovespa (Brazil)
Bullish173,825
-1.24%
Intraday
Bearish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (51.3)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (172,896), the short-term trend channel favours continuation higher. Momentum holds constructive at 51 — firmly in bullish territory with room to run before the tape gets stretched. MACD histogram prints positive, confirming the bullish impulse leg is intact. The scoring engine flags Long Call with a 67% conviction score — the strongest signal in today's scan.
Support / Resistance
Support167,658
Resistance187,779
Moving Averages
21-day SMA172,676
50-day SMA173,871
100-day SMA180,538
200-day SMA170,449
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 51.3 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 spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Signal
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 187,779 |
| 23.6% | 183,030 |
| 38.2% | 180,093 |
| 50.0% | 177,718 |
| 61.8% | 175,344 |
| 78.6% | 171,964 |
| Low (100.0%) | 167,658 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 190,395 |
| Ext 1.272 (Up) | 193,252 |
| Ext 1.618 (Up) | 200,214 |
| Ext 1.13 (Dn) | 165,042 |
| Ext 1.272 (Dn) | 162,185 |
| Ext 1.618 (Dn) | 155,223 |
Trade Setup
Entry
173,825
Stop Loss
172,397
Take Profit
176,680
Risk / Reward
2.0
Buy
Top Options Strategies
Long Call67%
Buy OTM Call
Call Ratio Backspread67%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread64%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Track Selic rate expectations via DI futures curve alongside Ibovespa OI shifts for rate-sensitive sector trades.
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.