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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
18.2% Moderate
Bovespa (Brazil)
Bullish173,714
-0.06%
Intraday
Bullish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (51.2)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The tape holds above the 20-day average (173,153), maintaining the positive short-term trend channel. With RSI at 51, the momentum profile supports continued upside. The oscillator has headroom before overbought levels trigger caution. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. Our 31-strategy scoring model ranks Long Call as the highest-conviction play at 70%.
Support / Resistance
Support167,658
Resistance185,585
Moving Averages
21-day SMA172,935
50-day SMA173,680
100-day SMA180,387
200-day SMA170,591
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 51.2 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%) | 185,585 |
| 23.6% | 181,354 |
| 38.2% | 178,737 |
| 50.0% | 176,622 |
| 61.8% | 174,506 |
| 78.6% | 171,494 |
| Low (100.0%) | 167,658 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 187,916 |
| Ext 1.272 (Up) | 190,461 |
| Ext 1.618 (Up) | 196,664 |
| Ext 1.13 (Dn) | 165,327 |
| Ext 1.272 (Dn) | 162,782 |
| Ext 1.618 (Dn) | 156,579 |
Trade Setup
Entry
173,714
Stop Loss
172,298
Take Profit
176,545
Risk / Reward
2.0
Buy
Top Options Strategies
Long Call70%
Buy OTM Call
Call Ratio Backspread70%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread67%
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.
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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.