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Shunya.Trade Options Engine

United States Market Pre-Market Analysis

August 05, 202609:00 AM LocalReal-Time Market Data
Gold (GC)
4,254
+3.87%
Nasdaq 100 (NQ)
29,940
+0.26%
S&P 500 (ES)
7,802
+0.48%
Silver (SI)
62.07
+3.35%
Dollar Index (DX)
99.72
-0.17%
Dow Jones (DJI)
54,086
+1.71%
Crude Oil (CL)
76.11
+0.45%
Natural Gas (NG)
2.69
+0.37%
Volatility Index — CBOE VIX
16.8% Moderate
Gold (GC)
Strong Bullish
4,254
+3.87%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bearish
RSI (69.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA (4,068) remains unbroken on the downside β€” bulls retain structural control of the near-term tape. RSI has climbed to 70, 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. Volume surges to 9.7x the 20-day mean β€” the tape is moving with purpose and broad participation.
Support / Resistance
Support3,962
Resistance4,592
Moving Averages
21-day SMA4,068
50-day SMA4,177
100-day SMA4,423
200-day SMA4,478
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 69.5 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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Confluence
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
LevelPrice
High (0.0%)4,592
23.6%4,443
38.2%4,351
50.0%4,277
61.8%4,203
78.6%4,097
Low (100.0%)3,962
Extensions
ExtensionPrice
Ext 1.13 (Up)4,674
Ext 1.272 (Up)4,763
Ext 1.618 (Up)4,981
Ext 1.13 (Dn)3,881
Ext 1.272 (Dn)3,791
Ext 1.618 (Dn)3,574
Trade Setup
Entry
4,254
Stop Loss
4,214
Take Profit
4,332
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
Nasdaq 100 (NQ)
Strong Bullish
29,940
+0.26%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (56.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price respects the 20-day average at 28,995 as a floor, offering a constructive base for directional longs. Momentum at 56 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. The moving-average convergence divergence oscillator supports the bull case β€” histogram expanding above the zero line. Low-conviction tape β€” volume at 0.2x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support27,202
Resistance30,968
Moving Averages
21-day SMA29,017
50-day SMA29,537
100-day SMA28,032
200-day SMA26,700
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 56.4 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
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
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
LevelPrice
High (0.0%)30,968
23.6%30,079
38.2%29,529
50.0%29,085
61.8%28,640
78.6%28,008
Low (100.0%)27,202
Extensions
ExtensionPrice
Ext 1.13 (Up)31,458
Ext 1.272 (Up)31,992
Ext 1.618 (Up)33,296
Ext 1.13 (Dn)26,712
Ext 1.272 (Dn)26,177
Ext 1.618 (Dn)24,874
Trade Setup
Entry
29,940
Stop Loss
29,511
Take Profit
30,797
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call82%
Buy OTM Call
Call Ratio Backspread82%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread79%
Buy Call + Sell higher Call
S&P 500 (ES)
Strong Bullish
7,802
+0.48%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (63.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price respects the 20-day average at 7,548 as a floor, offering a constructive base for directional longs. Momentum holds constructive at 63 β€” firmly in bullish territory with room to run before the tape gets stretched. 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 0.1x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support7,232
Resistance7,805
Moving Averages
21-day SMA7,548
50-day SMA7,520
100-day SMA7,270
200-day SMA7,068
Moving Average Trends
Bullish short-term cross (21-EMA crossed above 50-SMA) β€” Trend accelerating upward
Momentum (RSI)
RSI at 63.4 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%)7,805
23.6%7,670
38.2%7,586
50.0%7,519
61.8%7,451
78.6%7,355
Low (100.0%)7,232
Extensions
ExtensionPrice
Ext 1.13 (Up)7,880
Ext 1.272 (Up)7,961
Ext 1.618 (Up)8,159
Ext 1.13 (Dn)7,158
Ext 1.272 (Dn)7,076
Ext 1.618 (Dn)6,878
Trade Setup
Entry
7,802
Stop Loss
7,739
Take Profit
7,929
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
Silver (SI)
Bullish
62.07
+3.35%
Intraday
Bullish
Daily
Bullish
Weekly
Bullish
Monthly
Bearish
RSI (69.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Trading above the 20-day SMA (58.38), the asset maintains its bullish price structure β€” dip-buying remains the high-probability play. Momentum is overheated at 70. While trend can override oscillators, the statistical edge for fresh longs is diminished. Momentum confirmation from MACD β€” the signal line crossover is bullish and the histogram continues to expand. Participation is heavy at 15.3x average volume β€” this is not a low-liquidity drift, but a committed directional push.
Support / Resistance
Support55.01
Resistance77.50
Moving Averages
21-day SMA58.37
50-day SMA63.31
100-day SMA69.72
200-day SMA70.02
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 69.6 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%)77.50
23.6%72.20
38.2%68.91
50.0%66.26
61.8%63.61
78.6%59.83
Low (100.0%)55.01
Extensions
ExtensionPrice
Ext 1.13 (Up)80.43
Ext 1.272 (Up)83.62
Ext 1.618 (Up)91.40
Ext 1.13 (Dn)52.09
Ext 1.272 (Dn)48.90
Ext 1.618 (Dn)41.12
Trade Setup
Entry
62.07
Stop Loss
61.17
Take Profit
63.87
Risk / Reward
2.0
Buy
Top Options Strategies
Long Call63%
Buy OTM Call
Call Ratio Backspread63%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread60%
Buy Call + Sell higher Call
Dollar Index (DX)
Strong Bearish
99.72
-0.17%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (33.0)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The break below the 20-day SMA at 101 opens the door to further downside probing. With the RSI reading at 33, the tape is washed out. Watch for a divergence signal to confirm a base-building attempt. The MACD reading is bearish β€” histogram below zero and expanding, suggesting selling pressure has momentum behind it. Long Put leads the strategy table at 80% β€” directional bias and vol regime both align.
Support / Resistance
Support98.75
Resistance102
Moving Averages
21-day SMA101
50-day SMA100
100-day SMA99.72
200-day SMA99.15
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 33.0 confirms strong selling momentum, though nearing oversold territory.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
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
Inverted V-Shape / Double Top Formation
Fibonacci Retracements
LevelPrice
High (0.0%)102
23.6%101
38.2%101
50.0%100
61.8%99.92
78.6%99.40
Low (100.0%)98.75
Extensions
ExtensionPrice
Ext 1.13 (Up)102
Ext 1.272 (Up)103
Ext 1.618 (Up)104
Ext 1.13 (Dn)98.35
Ext 1.272 (Dn)97.92
Ext 1.618 (Dn)96.87
Trade Setup
Entry
99.72
Stop Loss
100.00
Take Profit
99.15
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put80%
Buy OTM Put
Put Ratio Backspread80%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread77%
Buy Put + Sell lower Put
Dow Jones (DJI)
Strong Bullish
54,086
+1.71%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (61.2)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Trading above the 20-day SMA (52,414), the asset maintains its bullish price structure β€” dip-buying remains the high-probability play. The 61 RSI reading is comfortably above the midline β€” momentum aligns with the directional thesis. The MACD reading adds conviction to the long thesis β€” positive and expanding histogram with a bullish signal-line cross. The model's top pick is Long Call (86%) β€” the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support49,909
Resistance54,273
Moving Averages
21-day SMA52,439
50-day SMA51,845
100-day SMA50,007
200-day SMA49,124
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 61.2 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%)54,273
23.6%53,243
38.2%52,606
50.0%52,091
61.8%51,576
78.6%50,843
Low (100.0%)49,909
Extensions
ExtensionPrice
Ext 1.13 (Up)54,840
Ext 1.272 (Up)55,459
Ext 1.618 (Up)56,969
Ext 1.13 (Dn)49,342
Ext 1.272 (Dn)48,722
Ext 1.618 (Dn)47,212
Trade Setup
Entry
54,086
Stop Loss
53,679
Take Profit
54,901
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
Crude Oil (CL)
Strong Bearish
76.11
+0.45%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (46.7)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price beneath the 20-day moving average (81.26), the burden of proof shifts to the bulls. Rallies into the SMA are selling opportunities until reclaimed. At 47, the momentum oscillator reinforces the bearish lean. Sellers have the edge in the near-term. MACD histogram negative and deepening β€” the momentum profile reinforces the short-side thesis. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support67.04
Resistance97.00
Moving Averages
21-day SMA80.90
50-day SMA81.03
100-day SMA89.71
200-day SMA76.08
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 46.7 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Confluence
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)97.00
23.6%89.93
38.2%85.56
50.0%82.02
61.8%78.48
78.6%73.45
Low (100.0%)67.04
Extensions
ExtensionPrice
Ext 1.13 (Up)101
Ext 1.272 (Up)105
Ext 1.618 (Up)116
Ext 1.13 (Dn)63.15
Ext 1.272 (Dn)58.89
Ext 1.618 (Dn)48.52
Trade Setup
Entry
76.11
Stop Loss
79.21
Take Profit
69.91
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put82%
Buy OTM Put
Put Ratio Backspread82%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread79%
Buy Put + Sell lower Put
Natural Gas (NG)
Strong Bearish
2.69
+0.37%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (37.8)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price has broken below the 20-day SMA (2.83), shifting short-term structure to defensive. With RSI at 38, the path of least resistance remains to the downside until buyers can reclaim the neutral zone. The MACD reading is bearish β€” histogram below zero and expanding, suggesting selling pressure has momentum behind it. Low-conviction tape β€” volume at 0.2x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support2.62
Resistance3.44
Moving Averages
21-day SMA2.85
50-day SMA3.05
100-day SMA2.94
200-day SMA3.43
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 37.8 confirms strong selling momentum, though nearing oversold territory.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Confluence
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)3.44
23.6%3.25
38.2%3.13
50.0%3.03
61.8%2.93
78.6%2.80
Low (100.0%)2.62
Extensions
ExtensionPrice
Ext 1.13 (Up)3.55
Ext 1.272 (Up)3.66
Ext 1.618 (Up)3.95
Ext 1.13 (Dn)2.51
Ext 1.272 (Dn)2.40
Ext 1.618 (Dn)2.11
Trade Setup
Entry
2.69
Stop Loss
2.75
Take Profit
2.57
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put80%
Buy OTM Put
Put Ratio Backspread80%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread77%
Buy Put + Sell lower Put
Market Search Previews
Key Takeaway
Analyze VIX term structure (contango vs backwardation) to assess whether hedging demand supports directional or premium-selling strategies.
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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.