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Shunya.Trade Options Engine
Asia-Pacific Market Pre-Market Analysis
Volatility Index — CBOE VIX
14.9% Low
ASX 200 (Australia)
Strong Bullish9,264
-0.09%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (80.9)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The short-term moving average at 8,943 holds as support, keeping the 20-day trend channel intact for now. The 81 RSI print warns of stretched momentum. Consider scaling out of directional longs or hedging with defined-risk structures. The MACD reading adds conviction to the long thesis — positive and expanding histogram with a bullish signal-line cross. The model's top pick is Long Call (86%) — the optimal structure given current trend, momentum, and volatility readings.
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 80.9 (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
| Level | Price |
|---|---|
| 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
| Extension | Price |
|---|---|
| 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
Watch SGX Straits Times Index divergence with regional peers for relative strength cues across ASEAN markets.
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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.