📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine

Latin America Market Post-Market Review

August 03, 202605:30 PM LocalReal-Time Market Data
Bovespa (Brazil)
178,000
+0.00%
Volatility Index — CBOE VIX
15.9% Moderate
Bovespa (Brazil)
Strong Bullish
178,000
+0.00%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (53.3)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 175,158 continues to act as dynamic support — price remains above it, reinforcing upside bias. The oscillator at 53 reflects sustained buying interest — bulls control the momentum channel. Momentum confirmation from MACD — the signal line crossover is bullish and the histogram continues to expand. Volume is running cold at 0.0x the norm. Without broader participation, the current directional bias is vulnerable.
Support / Resistance
Support167,658
Resistance178,719
Moving Averages
21-day SMA175,029
50-day SMA173,128
100-day SMA179,281
200-day SMA172,355
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 53.3 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 is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Confluence
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)178,719
23.6%176,109
38.2%174,494
50.0%173,188
61.8%171,883
78.6%170,025
Low (100.0%)167,658
Extensions
ExtensionPrice
Ext 1.13 (Up)180,157
Ext 1.272 (Up)181,728
Ext 1.618 (Up)185,555
Ext 1.13 (Dn)166,220
Ext 1.272 (Dn)164,649
Ext 1.618 (Dn)160,822
Trade Setup
Entry
178,000
Stop Loss
176,697
Take Profit
180,607
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call90%
Buy OTM Call
Call Ratio Backspread90%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread87%
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.