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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
18.5% Moderate
Bovespa (Brazil)
Strong Bullish175,335
-0.79%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (56.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA (174,097) remains unbroken on the downside — bulls retain structural control of the near-term tape. Momentum at 57 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. The moving-average convergence divergence oscillator supports the bull case — histogram expanding above the zero line. Strategy selection converges on Long Call (91%) — the quantitative factors align across direction, momentum, and implied volatility.
Support / Resistance
Support167,658
Resistance178,547
Moving Averages
21-day SMA174,059
50-day SMA173,170
100-day SMA179,631
200-day SMA171,336
Moving Average Trends
Bullish short-term cross (21-EMA crossed above 50-SMA) — Trend accelerating upward
Momentum (RSI)
RSI at 56.6 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 / Confluence
Consolidation / Range-bound 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
175,335
Stop Loss
173,970
Take Profit
178,066
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call91%
Buy OTM Call
Call Ratio Backspread91%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread88%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
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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.