πŸ“Œ Originally published at shunya.trade β€” View with interactive charts & tools.
Shunya.Trade Options Engine

Europe Market Post-Market Review

August 05, 202604:45 PM LocalReal-Time Market Data
DAX 40 (DAX)
26,139
-0.24%
FTSE 100 (FTSE)
10,895
+0.14%
CAC 40 (CAC)
8,666
-0.01%
Volatility Index — CBOE VIX
16.3% Moderate
DAX 40 (DAX)
Strong Bullish
26,139
-0.24%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (76.5)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (25,297), the short-term trend channel favours continuation higher. The momentum gauge prints 76 β€” historically, readings above 65 precede short-term retracements in this name. The MACD reading adds conviction to the long thesis β€” positive and expanding histogram with a bullish signal-line cross. Thin participation (0.0x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support24,044
Resistance26,404
Moving Averages
21-day SMA25,278
50-day SMA25,085
100-day SMA24,498
200-day SMA24,426
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 76.5 (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%)26,404
23.6%25,847
38.2%25,502
50.0%25,224
61.8%24,945
78.6%24,549
Low (100.0%)24,044
Extensions
ExtensionPrice
Ext 1.13 (Up)26,711
Ext 1.272 (Up)27,046
Ext 1.618 (Up)27,862
Ext 1.13 (Dn)23,737
Ext 1.272 (Dn)23,402
Ext 1.618 (Dn)22,585
Trade Setup
Entry
26,139
Stop Loss
25,950
Take Profit
26,516
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call86%
Buy OTM Call
Call Ratio Backspread86%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread83%
Buy Call + Sell higher Call
FTSE 100 (FTSE)
Strong Bullish
10,895
+0.14%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (72.1)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Trading above the 20-day SMA (10,692), the asset maintains its bullish price structure β€” dip-buying remains the high-probability play. RSI reading of 72 signals extended positioning. Watch for mean-reversion setups on any loss of momentum. On the MACD front, the histogram is positive and the fast line sits above the signal line β€” textbook bullish configuration. 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 SMA10,683
50-day SMA10,545
100-day SMA10,443
200-day SMA10,237
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 72.1 (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
Higher Highs and Higher Lows (Uptrend Structure)
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
10,895
Stop Loss
10,828
Take Profit
11,029
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call77%
Buy OTM Call
Call Ratio Backspread77%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread74%
Buy Call + Sell higher Call
CAC 40 (CAC)
Strong Bullish
8,666
-0.01%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (69.3)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term structure remains constructive with price trading above the 20-day SMA (8,426). RSI has climbed to 69, putting the tape in overbought territory. New directional longs carry elevated reversal risk. On the MACD front, the histogram is positive and the fast line sits above the signal line β€” textbook bullish configuration. Low-conviction tape β€” volume at 0.0x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support8,101
Resistance8,694
Moving Averages
21-day SMA8,418
50-day SMA8,367
100-day SMA8,214
200-day SMA8,194
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 69.3 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%)8,694
23.6%8,554
38.2%8,467
50.0%8,398
61.8%8,328
78.6%8,228
Low (100.0%)8,101
Extensions
ExtensionPrice
Ext 1.13 (Up)8,771
Ext 1.272 (Up)8,855
Ext 1.618 (Up)9,060
Ext 1.13 (Dn)8,024
Ext 1.272 (Dn)7,940
Ext 1.618 (Dn)7,735
Trade Setup
Entry
8,666
Stop Loss
8,608
Take Profit
8,781
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call86%
Buy OTM Call
Call Ratio Backspread86%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread83%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Track DAX/FTSE spread dynamics alongside GBP/EUR FX moves for macro-driven pair trade opportunities.
Free Daily Analysis
Get Pre-Market & Post-Market Setups Every Day
Options Engine signals for NIFTY, S&P 500, DAX, Forex & 10+ global markets β€” 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.