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

Asia-Pacific Market Post-Market Review

July 24, 202603:15 PM LocalReal-Time Market Data
ASX 200 (Australia)
8,769
-0.79%
Volatility Index — CBOE VIX
18.7% Moderate
ASX 200 (Australia)
Neutral
8,769
-0.79%
Intraday
Bullish
Daily
Neutral
Weekly
Bullish
Monthly
Bearish
RSI (40.2)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term weakness is evident with price trading below the 20-day SMA (8,800). RSI at 40 lingers below the midline — momentum remains in the bears' hands, though not yet at capitulation levels. MACD histogram negative and deepening — the momentum profile reinforces the short-side thesis. Low-conviction tape — volume at 0.0x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support8,485
Resistance8,984
Moving Averages
21-day SMA8,798
50-day SMA8,752
100-day SMA8,736
200-day SMA8,777
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 40.2 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
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
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%)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
8,769
Stop Loss
8,733
Take Profit
8,841
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread75%
Sell near-term + Buy far-term (same strike)
Iron Condor59%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread59%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Market Search Previews
Key Takeaway
Watch SGX Straits Times Index divergence with regional peers for relative strength cues across ASEAN markets.
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.