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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
19.0% Moderate
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 at 52 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. Momentum confirmation from MACD — the signal line crossover is bullish and the histogram continues to expand. The structured approach identifies Calendar Spread at 79% as the highest-probability play. Risk/reward and regime fit both favour this setup.
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
Recent volume spikes on down-days warn of active distribution and seller dominance.
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
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.