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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
18.6% Moderate
Bovespa (Brazil)
Neutral173,371
-0.20%
Intraday
Bearish
Daily
Neutral
Weekly
Bullish
Monthly
Bearish
RSI (53.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA (173,303) remains unbroken on the downside — bulls retain structural control of the near-term tape. Momentum at 53 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. On the MACD front, the histogram is positive and the fast line sits above the signal line — textbook bullish configuration. Low-conviction tape — volume at 0.0x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support167,658
Resistance184,530
Moving Averages
21-day SMA173,163
50-day SMA173,466
100-day SMA180,206
200-day SMA170,731
Moving Average Signals
Bullish short-term cross (21-EMA crossed above 50-SMA) — Trend accelerating upward
Momentum (RSI)
RSI at 53.4 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
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
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 184,530 |
| 23.6% | 180,548 |
| 38.2% | 178,085 |
| 50.0% | 176,094 |
| 61.8% | 174,103 |
| 78.6% | 171,269 |
| Low (100.0%) | 167,658 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 186,723 |
| Ext 1.272 (Up) | 189,119 |
| Ext 1.618 (Up) | 194,957 |
| Ext 1.13 (Dn) | 165,465 |
| Ext 1.272 (Dn) | 163,069 |
| Ext 1.618 (Dn) | 157,231 |
Trade Setup
Entry
173,371
Stop Loss
172,248
Take Profit
175,618
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
Market Search Previews
Key Takeaway
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
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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.