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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
15.3% Moderate
Bovespa (Brazil)
Strong Bearish167,874.64
-2.50%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (28.9)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price has broken below the 20-day SMA (175,062), shifting short-term structure to defensive. Oversold at 29 — the tape has absorbed significant selling pressure. Defined-risk reversal plays gain merit. The MACD reading is bearish — histogram below zero and expanding, suggesting selling pressure has momentum behind it. At 0.0x average volume, the move is thinly traded. Liquidity gaps could trigger sharp reversals on any catalyst.
Support / Resistance
Support167,568.94
Resistance180,680.00
Moving Averages
21-day SMA175,137.13
50-day SMA172,987.87
100-day SMA178,910.36
200-day SMA173,293.06
Moving Average Trends
Death Cross identified (50-day crossed below 200-day) — Bearish major signal
Momentum (RSI)
RSI is extremely low at 28.9 (Oversold), suggesting selling pressure may have exhausted and a bounce is possible.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price crashed below the lower Bollinger Band, indicating panic selling or extreme bearishness.
Volume Analysis
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Confluence
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 180,680.00 |
| 23.6% | 177,585.79 |
| 38.2% | 175,671.57 |
| 50.0% | 174,124.47 |
| 61.8% | 172,577.36 |
| 78.6% | 170,374.70 |
| Low (100.0%) | 167,568.94 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 182,384.44 |
| Ext 1.272 (Up) | 184,246.21 |
| Ext 1.618 (Up) | 188,782.64 |
| Ext 1.13 (Dn) | 165,864.50 |
| Ext 1.272 (Dn) | 164,002.73 |
| Ext 1.618 (Dn) | 159,466.30 |
Trade Setup
Entry
167,874.64
Stop Loss
169,437.75
Take Profit
164,748.42
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put86%
Buy OTM Put
Put Ratio Backspread86%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread83%
Buy Put + Sell lower Put
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Key Takeaway
Track Selic rate expectations via DI futures curve alongside Ibovespa OI shifts for rate-sensitive sector trades.
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