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Shunya.Trade Options Engine

Europe Market Post-Market Review

August 03, 202604:45 PM LocalReal-Time Market Data
DAX 40 (DAX)
26,036
+1.59%
FTSE 100 (FTSE)
10,850
-0.16%
CAC 40 (CAC)
8,626
+1.36%
Volatility Index — CBOE VIX
15.6% Moderate
DAX 40 (DAX)
Strong Bullish
26,036
+1.59%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (69.2)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price holds above the 20-day moving average at 25,200, preserving the near-term bullish structure. At 69 on the RSI, the asset is technically overbought. Momentum can sustain here, but the probability of a corrective pause rises. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support24,044
Resistance26,097
Moving Averages
21-day SMA25,229
50-day SMA25,046
100-day SMA24,446
200-day SMA24,405
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 69.2 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
Price has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
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%)26,097
23.6%25,612
38.2%25,313
50.0%25,070
61.8%24,828
78.6%24,483
Low (100.0%)24,044
Extensions
ExtensionPrice
Ext 1.13 (Up)26,364
Ext 1.272 (Up)26,655
Ext 1.618 (Up)27,366
Ext 1.13 (Dn)23,777
Ext 1.272 (Dn)23,485
Ext 1.618 (Dn)22,775
Trade Setup
Entry
26,036
Stop Loss
25,843
Take Profit
26,421
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call89%
Buy OTM Call
Call Ratio Backspread89%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread86%
Buy Call + Sell higher Call
FTSE 100 (FTSE)
Strong Bullish
10,850
-0.16%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (70.8)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The short-term moving average at 10,661 holds as support, keeping the 20-day trend channel intact for now. The 71 RSI print warns of stretched momentum. Consider scaling out of directional longs or hedging with defined-risk structures. MACD histogram remains in positive territory, underpinning the current directional move. Thin participation (0.0x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support10,128
Resistance10,990
Moving Averages
21-day SMA10,661
50-day SMA10,529
100-day SMA10,432
200-day SMA10,222
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 70.8 (Overbought), indicating price is extended and a pullback is likely.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
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%)10,990
23.6%10,786
38.2%10,660
50.0%10,559
61.8%10,457
78.6%10,312
Low (100.0%)10,128
Extensions
ExtensionPrice
Ext 1.13 (Up)11,102
Ext 1.272 (Up)11,224
Ext 1.618 (Up)11,522
Ext 1.13 (Dn)10,016
Ext 1.272 (Dn)9,893
Ext 1.618 (Dn)9,595
Trade Setup
Entry
10,850
Stop Loss
10,782
Take Profit
10,988
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call80%
Buy OTM Call
Call Ratio Backspread80%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread77%
Buy Call + Sell higher Call
CAC 40 (CAC)
Strong Bullish
8,626
+1.36%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (67.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price holds above the 20-day moving average at 8,395, preserving the near-term bullish structure. Momentum oscillator at 68 enters overbought territory β€” the tape is stretched and vulnerable to profit-taking. The MACD reading adds conviction to the long thesis β€” positive and expanding histogram with a bullish signal-line cross. Low-conviction tape β€” volume at 0.0x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support8,101
Resistance8,642
Moving Averages
21-day SMA8,399
50-day SMA8,348
100-day SMA8,200
200-day SMA8,190
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 67.9 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
Price has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
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%)8,642
23.6%8,515
38.2%8,436
50.0%8,372
61.8%8,308
78.6%8,217
Low (100.0%)8,101
Extensions
ExtensionPrice
Ext 1.13 (Up)8,713
Ext 1.272 (Up)8,790
Ext 1.618 (Up)8,977
Ext 1.13 (Dn)8,031
Ext 1.272 (Dn)7,954
Ext 1.618 (Dn)7,767
Trade Setup
Entry
8,626
Stop Loss
8,565
Take Profit
8,747
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call89%
Buy OTM Call
Call Ratio Backspread89%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread86%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Monitor European central bank rhetoric and index correlation with US overnight moves.
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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.