📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
17.1% Moderate
Bovespa (Brazil)
Strong Bullish177,159
+1.88%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (48.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The tape holds above the 20-day average (174,694), maintaining the positive short-term trend channel. RSI at 48 lingers below the midline — momentum remains in the bears' hands, though not yet at capitulation levels. MACD histogram remains in positive territory, underpinning the current directional move. Across the full 31-strategy universe, Long Call captures the highest score at 87%. Alignment across trend, momentum, and vol regime drives the ranking.
Support / Resistance
Support167,658
Resistance178,547
Moving Averages
21-day SMA174,603
50-day SMA173,085
100-day SMA179,365
200-day SMA171,987
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 48.4 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
V-Shape Recovery / Double Bottom Formation
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
177,159
Stop Loss
175,832
Take Profit
179,813
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call87%
Buy OTM Call
Call Ratio Backspread87%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread84%
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.
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.