📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
20.7% High
Bovespa (Brazil)
Neutral173,885
-1.52%
Intraday
Bearish
Daily
Neutral
Weekly
Bullish
Monthly
Bullish
RSI (52.3)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term weakness is evident with price trading below the 20-day SMA (174,476). Momentum holds constructive at 52 — firmly in bullish territory with room to run before the tape gets stretched. Momentum confirmation from MACD — the signal line crossover is bullish and the histogram continues to expand. Thin participation (0.0x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support167,658
Resistance178,547
Moving Averages
21-day SMA174,343
50-day SMA173,089
100-day SMA179,387
200-day SMA171,812
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 52.3 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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Confluence
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| 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
| Extension | Price |
|---|---|
| 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
173,885
Stop Loss
172,713
Take Profit
176,229
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread79%
Sell near-term + Buy far-term (same strike)
Long Strangle64%
Buy OTM Call + Buy OTM Put
Long Straddle64%
Buy ATM Call + Buy ATM Put
Market Search Previews
Key Takeaway
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
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.