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Shunya.Trade Options Engine

Asia-Pacific Market Pre-Market Analysis

July 24, 202608:15 AM LocalReal-Time Market Data
ASX 200 (Australia)
8,823
+0.34%
Volatility Index — CBOE VIX
18.7% Moderate
ASX 200 (Australia)
Strong Bullish
8,823
+0.34%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (63.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term structure remains constructive with price trading above the 20-day SMA (8,795). Momentum holds constructive at 64 — firmly in bullish territory with room to run before the tape gets stretched. Momentum confirmation is bearish — MACD histogram negative and signal-line crossover pointing lower. Long Call leads the strategy table at 69% — directional bias and vol regime both align.
Support / Resistance
Support8,485
Resistance8,984
Moving Averages
21-day SMA8,796
50-day SMA8,745
100-day SMA8,742
200-day SMA8,778
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 63.6 confirms strong buying momentum, with room to run before becoming extremely overbought.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)8,984
23.6%8,866
38.2%8,793
50.0%8,734
61.8%8,676
78.6%8,592
Low (100.0%)8,485
Extensions
ExtensionPrice
Ext 1.13 (Up)9,049
Ext 1.272 (Up)9,119
Ext 1.618 (Up)9,292
Ext 1.13 (Dn)8,420
Ext 1.272 (Dn)8,350
Ext 1.618 (Dn)8,177
Trade Setup
Entry
8,823
Stop Loss
8,781
Take Profit
8,906
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call69%
Buy OTM Call
Call Ratio Backspread69%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread66%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Watch SGX Straits Times Index divergence with regional peers for relative strength cues across ASEAN markets.
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⚠ 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.