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Shunya.Trade Options Engine

Latin America Market Post-Market Review

July 24, 202605:30 PM LocalReal-Time Market Data
Bovespa (Brazil)
174,042
-1.52%
Volatility Index — CBOE VIX
18.6% Moderate
Bovespa (Brazil)
Bullish
174,042
-1.52%
Intraday
Bearish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (53.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (174,032), the short-term trend channel favours continuation higher. The 53 RSI reading is comfortably above the midline — momentum aligns with the directional thesis. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. At 0.0x average volume, the move is thinly traded. Liquidity gaps could trigger sharp reversals on any catalyst.
Support / Resistance
Support167,658
Resistance178,547
Moving Averages
21-day SMA173,997
50-day SMA173,144
100-day SMA179,619
200-day SMA171,329
Moving Average Signals
Bullish short-term cross (21-EMA crossed above 50-SMA) — Trend accelerating upward
Momentum (RSI)
RSI at 53.5 is well within the neutral zone, showing balanced momentum without extreme conditions.
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
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)178,547
23.6%175,977
38.2%174,387
50.0%173,102
61.8%171,818
78.6%169,988
Low (100.0%)167,658
Extensions
ExtensionPrice
Ext 1.13 (Up)179,963
Ext 1.272 (Up)181,509
Ext 1.618 (Up)185,276
Ext 1.13 (Dn)166,242
Ext 1.272 (Dn)164,696
Ext 1.618 (Dn)160,929
Trade Setup
Entry
174,042
Stop Loss
172,676
Take Profit
176,773
Risk / Reward
2.0
Buy
Top Options Strategies
Long Call80%
Buy OTM Call
Call Ratio Backspread80%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread77%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Track Selic rate expectations via DI futures curve alongside Ibovespa OI shifts for rate-sensitive sector trades.
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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.