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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
15.9% Moderate
Bovespa (Brazil)
Strong Bullish177,726
-0.09%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (60.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 175,806 continues to act as dynamic support — price remains above it, reinforcing upside bias. With RSI at 61, the momentum profile supports continued upside. The oscillator has headroom before overbought levels trigger caution. The moving-average convergence divergence oscillator supports the bull case — histogram expanding above the zero line. The model's top pick is Long Call (86%) — the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support167,658
Resistance180,680
Moving Averages
21-day SMA175,560
50-day SMA173,161
100-day SMA179,205
200-day SMA172,716
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 60.9 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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Confluence
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 180,680 |
| 23.6% | 177,607 |
| 38.2% | 175,706 |
| 50.0% | 174,169 |
| 61.8% | 172,632 |
| 78.6% | 170,445 |
| Low (100.0%) | 167,658 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 182,373 |
| Ext 1.272 (Up) | 184,222 |
| Ext 1.618 (Up) | 188,728 |
| Ext 1.13 (Dn) | 165,965 |
| Ext 1.272 (Dn) | 164,116 |
| Ext 1.618 (Dn) | 159,610 |
Trade Setup
Entry
177,726
Stop Loss
176,347
Take Profit
180,484
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 Selic rate expectations via DI futures curve alongside Ibovespa OI shifts for rate-sensitive sector trades.
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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.