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Shunya.Trade Options Engine

Asia-Pacific Market Post-Market Review

August 07, 202603:15 PM LocalReal-Time Market Data
ASX 200 (Australia)
9,264
-0.08%
Volatility Index — CBOE VIX
15.1% Moderate
ASX 200 (Australia)
Strong Bullish
9,264
-0.08%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (81.0)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term structure remains constructive with price trading above the 20-day SMA (8,943). RSI reading of 81 signals extended positioning. Watch for mean-reversion setups on any loss of momentum. The MACD reading adds conviction to the long thesis — positive and expanding histogram with a bullish signal-line cross. Volume is running cold at 0.0x the norm. Without broader participation, the current directional bias is vulnerable.
Support / Resistance
Support8,491
Resistance9,297
Moving Averages
21-day SMA8,937
50-day SMA8,844
100-day SMA8,772
200-day SMA8,781
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 81.0 (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%)9,297
23.6%9,107
38.2%8,989
50.0%8,894
61.8%8,799
78.6%8,663
Low (100.0%)8,491
Extensions
ExtensionPrice
Ext 1.13 (Up)9,401
Ext 1.272 (Up)9,516
Ext 1.618 (Up)9,795
Ext 1.13 (Dn)8,386
Ext 1.272 (Dn)8,272
Ext 1.618 (Dn)7,993
Trade Setup
Entry
9,264
Stop Loss
9,209
Take Profit
9,373
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
Monitor Asian session volume patterns for institutional positioning signals ahead of European crossover.
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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.