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Shunya.Trade Options Engine

Asia-Pacific Market Post-Market Review

August 03, 202603:15 PM LocalReal-Time Market Data
ASX 200 (Australia)
9,000
+0.25%
Volatility Index — CBOE VIX
16.0% Moderate
ASX 200 (Australia)
Strong Bullish
9,000
+0.25%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (66.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term structure remains constructive with price trading above the 20-day SMA (8,855). With RSI at 67, 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. At 0.0x average volume, the move is thinly traded. Liquidity gaps could trigger sharp reversals on any catalyst.
Support / Resistance
Support8,491
Resistance9,086
Moving Averages
21-day SMA8,854
50-day SMA8,798
100-day SMA8,747
200-day SMA8,777
Moving Average Trends
Golden Cross identified (50-day crossed above 200-day) — Bullish major signal
Momentum (RSI)
RSI at 66.9 confirms strong buying momentum, with room to run before becoming extremely overbought.
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 is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Confluence
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
LevelPrice
High (0.0%)9,086
23.6%8,946
38.2%8,859
50.0%8,788
61.8%8,718
78.6%8,618
Low (100.0%)8,491
Extensions
ExtensionPrice
Ext 1.13 (Up)9,163
Ext 1.272 (Up)9,248
Ext 1.618 (Up)9,454
Ext 1.13 (Dn)8,414
Ext 1.272 (Dn)8,329
Ext 1.618 (Dn)8,123
Trade Setup
Entry
9,000
Stop Loss
8,950
Take Profit
9,098
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call83%
Buy OTM Call
Call Ratio Backspread83%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread80%
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.