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Shunya.Trade Options Engine
Asia-Pacific Market Pre-Market Analysis
Volatility Index — CBOE VIX
15.3% Moderate
ASX 200 (Australia)
Strong Bullish9,232.60
-0.33%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (77.7)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The tape holds above the 20-day average (8,965), maintaining the positive short-term trend channel. RSI reading of 78 signals extended positioning. Watch for mean-reversion setups on any loss of momentum. MACD histogram remains in positive territory, underpinning the current directional move. The structured approach identifies Long Call at 86% as the highest-probability play. Risk/reward and regime fit both favour this setup.
Support / Resistance
Support8,490.90
Resistance9,296.70
Moving Averages
21-day SMA8,957.14
50-day SMA8,853.80
100-day SMA8,777.78
200-day SMA8,782.13
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 77.7 (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%) | 9,296.70 |
| 23.6% | 9,106.53 |
| 38.2% | 8,988.88 |
| 50.0% | 8,893.80 |
| 61.8% | 8,798.72 |
| 78.6% | 8,663.34 |
| Low (100.0%) | 8,490.90 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 9,401.45 |
| Ext 1.272 (Up) | 9,515.88 |
| Ext 1.618 (Up) | 9,794.68 |
| Ext 1.13 (Dn) | 8,386.15 |
| Ext 1.272 (Dn) | 8,271.72 |
| Ext 1.618 (Dn) | 7,992.92 |
Trade Setup
Entry
9,232.60
Stop Loss
9,178.27
Take Profit
9,341.27
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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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.