📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine

Asia-Pacific Market Post-Market Review

July 21, 202603:30 PM LocalReal-Time Market Data
Nikkei 225 (N225)
66,077
+3.02%
KOSPI (South Korea)
6,786
+4.14%
Volatility Index — CBOE VIX
18.6% Moderate
Nikkei 225 (N225)
Strong Bearish
66,077
+3.02%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (38.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day moving average at 68,554 now acts as overhead resistance — bears have reclaimed near-term control. Momentum at 38 reflects a tape under pressure. Bulls need to push the oscillator back above 50 to shift the narrative. The convergence-divergence oscillator is in bearish mode. Histogram expansion below zero signals sustained selling pressure. Volume is running cold at 0.0x the norm. Without broader participation, the current directional bias is vulnerable.
Support / Resistance
Support59,292
Resistance72,832
Moving Averages
21-day SMA68,735
50-day SMA66,736
100-day SMA61,532
200-day SMA56,223
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 38.4 confirms strong selling momentum, though nearing oversold territory.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)72,832
23.6%69,636
38.2%67,660
50.0%66,062
61.8%64,464
78.6%62,190
Low (100.0%)59,292
Extensions
ExtensionPrice
Ext 1.13 (Up)74,592
Ext 1.272 (Up)76,514
Ext 1.618 (Up)81,199
Ext 1.13 (Dn)57,532
Ext 1.272 (Dn)55,610
Ext 1.618 (Dn)50,925
Trade Setup
Entry
66,077
Stop Loss
67,259
Take Profit
63,714
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put80%
Buy OTM Put
Put Ratio Backspread80%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread77%
Buy Put + Sell lower Put
KOSPI (South Korea)
Strong Bearish
6,786
+4.14%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (31.3)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day moving average at 7,686 now acts as overhead resistance — bears have reclaimed near-term control. At 31, the momentum gauge is deeply oversold. Mean-reversion setups become statistically attractive, though confirmation is key. On the MACD, the fast line has crossed below the signal line with a negative histogram — confirming the bearish momentum shift. The structured approach identifies Long Put at 77% as the highest-probability play. Risk/reward and regime fit both favour this setup.
Support / Resistance
Support6,429
Resistance9,386
Moving Averages
21-day SMA7,754
50-day SMA7,951
100-day SMA6,933
200-day SMA5,616
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 31.3 confirms strong selling momentum, though nearing oversold territory.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)9,386
23.6%8,688
38.2%8,256
50.0%7,907
61.8%7,558
78.6%7,062
Low (100.0%)6,429
Extensions
ExtensionPrice
Ext 1.13 (Up)9,770
Ext 1.272 (Up)10,190
Ext 1.618 (Up)11,213
Ext 1.13 (Dn)6,045
Ext 1.272 (Dn)5,625
Ext 1.618 (Dn)4,602
Trade Setup
Entry
6,786
Stop Loss
7,118
Take Profit
6,122
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put77%
Buy OTM Put
Put Ratio Backspread77%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread74%
Buy Put + Sell lower Put
Market Search Previews
Key Takeaway
Analyze BOJ yield curve control policy signals alongside Nikkei 225 vol surface for cross-asset positioning in the Asian session.
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.