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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
18.5% Moderate
Bovespa (Brazil)
Strong Bullish176,724
-0.46%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (55.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price holds above the 20-day moving average at 173,995, preserving the near-term bullish structure. The 56 RSI reading is comfortably above the midline — momentum aligns with the directional thesis. Momentum confirmation from MACD — the signal line crossover is bullish and the histogram continues to expand. The model's top pick is Long Call (88%) — the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support167,658
Resistance179,476
Moving Averages
21-day SMA173,899
50-day SMA173,231
100-day SMA179,771
200-day SMA171,179
Moving Average Signals
Bullish short-term cross (21-EMA crossed above 50-SMA) — Trend accelerating upward
Momentum (RSI)
RSI at 55.5 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
| Level | Price |
|---|---|
| High (0.0%) | 179,476 |
| 23.6% | 176,687 |
| 38.2% | 174,962 |
| 50.0% | 173,567 |
| 61.8% | 172,172 |
| 78.6% | 170,187 |
| Low (100.0%) | 167,658 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 181,012 |
| Ext 1.272 (Up) | 182,690 |
| Ext 1.618 (Up) | 186,780 |
| Ext 1.13 (Dn) | 166,122 |
| Ext 1.272 (Dn) | 164,444 |
| Ext 1.618 (Dn) | 160,354 |
Trade Setup
Entry
176,724
Stop Loss
175,360
Take Profit
179,452
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call88%
Buy OTM Call
Call Ratio Backspread88%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread85%
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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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.