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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
16.6% Moderate
Bovespa (Brazil)
Strong Bullish177,548
+2.44%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (60.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (173,758), the short-term trend channel favours continuation higher. The oscillator at 60 reflects sustained buying interest — bulls control the momentum channel. MACD confirms the directional momentum: histogram above zero and widening. The impulse leg has room to extend. Volume registers below average — the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support167,658
Resistance180,513
Moving Averages
21-day SMA173,603
50-day SMA173,238
100-day SMA179,892
200-day SMA171,023
Moving Average Signals
Bullish short-term cross (21-EMA crossed above 50-SMA) — Trend accelerating upward
Momentum (RSI)
RSI at 60.4 confirms strong buying momentum, with room to run before becoming extremely overbought.
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%) | 180,513 |
| 23.6% | 177,479 |
| 38.2% | 175,602 |
| 50.0% | 174,086 |
| 61.8% | 172,569 |
| 78.6% | 170,409 |
| Low (100.0%) | 167,658 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 182,184 |
| Ext 1.272 (Up) | 184,010 |
| Ext 1.618 (Up) | 188,457 |
| Ext 1.13 (Dn) | 165,987 |
| Ext 1.272 (Dn) | 164,161 |
| Ext 1.618 (Dn) | 159,714 |
Trade Setup
Entry
177,548
Stop Loss
176,172
Take Profit
180,299
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call77%
Buy OTM Call
Call Ratio Backspread77%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread74%
Buy Call + Sell higher Call
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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.