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Shunya.Trade Options Engine

Asia-Pacific Market Post-Market Review

July 23, 202603:30 PM LocalReal-Time Market Data
Nikkei 225 (N225)
66,241
+0.19%
KOSPI (South Korea)
7,054
+3.77%
Volatility Index — CBOE VIX
16.6% Moderate
Nikkei 225 (N225)
Strong Bearish
66,241
+0.19%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (41.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day average at 68,231 has failed as support, transitioning into resistance. Price must reclaim it to neutralize the bearish signal. Momentum at 42 reflects a tape under pressure. Bulls need to push the oscillator back above 50 to shift the narrative. MACD histogram turns negative, adding weight to the bearish thesis. Low-conviction tape — volume at 0.0x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support59,292
Resistance72,832
Moving Averages
21-day SMA68,276
50-day SMA66,866
100-day SMA61,698
200-day SMA56,429
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 41.9 is well within the neutral zone, showing balanced momentum without extreme conditions.
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
66,241
Stop Loss
67,377
Take Profit
63,968
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put86%
Buy OTM Put
Put Ratio Backspread86%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread83%
Buy Put + Sell lower Put
KOSPI (South Korea)
Strong Bearish
7,054
+3.77%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (42.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price has broken below the 20-day SMA (7,543), shifting short-term structure to defensive. The 43 reading on the momentum gauge signals persistent softness. Sellers maintain the edge until a reclaim of the 50-line. Momentum confirmation is bearish — MACD histogram negative and signal-line crossover pointing lower. The structured approach identifies Long Put at 80% as the highest-probability play. Risk/reward and regime fit both favour this setup.
Support / Resistance
Support6,429
Resistance9,386
Moving Averages
21-day SMA7,587
50-day SMA7,921
100-day SMA6,951
200-day SMA5,651
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 42.5 is well within the neutral zone, showing balanced momentum without extreme conditions.
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
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
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
7,054
Stop Loss
7,367
Take Profit
6,427
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
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.