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Shunya.Trade Options Engine

Latin America Market Pre-Market Analysis

July 23, 202609:30 AM LocalReal-Time Market Data
Bovespa (Brazil)
177,548
+2.44%
Volatility Index — CBOE VIX
18.3% Moderate
Bovespa (Brazil)
Strong Bullish
177,548
+2.44%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (60.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price holds above the 20-day moving average at 173,758, preserving the near-term bullish structure. Momentum holds constructive at 60 — firmly in bullish territory with room to run before the tape gets stretched. On the MACD front, the histogram is positive and the fast line sits above the signal line — textbook bullish configuration. Across the full 31-strategy universe, Long Call captures the highest score at 77%. Alignment across trend, momentum, and vol regime drives the ranking.
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
LevelPrice
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
ExtensionPrice
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
180,300
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
Market Search Previews
Key Takeaway
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
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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.