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Shunya.Trade Options Engine

Asia-Pacific Market Post-Market Review

July 28, 202603:15 PM LocalReal-Time Market Data
ASX 200 (Australia)
8,937
+0.49%
Volatility Index — CBOE VIX
18.7% Moderate
ASX 200 (Australia)
Strong Bullish
8,937
+0.49%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (71.1)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA (8,812) remains unbroken on the downside — bulls retain structural control of the near-term tape. With RSI at 71, the risk/reward for new long entries deteriorates. Favour strategies that benefit from a pullback or consolidation. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. Thin participation (0.0x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support8,485
Resistance8,984
Moving Averages
21-day SMA8,812
50-day SMA8,761
100-day SMA8,738
200-day SMA8,777
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 71.1 (Overbought), indicating price is extended and a pullback is likely.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Confluence
Higher Highs and Higher Lows (Uptrend 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
8,937
Stop Loss
8,892
Take Profit
9,028
Risk / Reward
2.0
Strong 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 USD/JPY correlation with Nikkei 225 and watch Hang Seng tech sector for regional momentum cues.
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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.