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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
15.4% Moderate
Bovespa (Brazil)
Strong Bearish172,180.00
-0.19%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (47.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price has broken below the 20-day SMA (175,500), shifting short-term structure to defensive. At 47, the momentum oscillator reinforces the bearish lean. Sellers have the edge in the near-term. MACD histogram turns negative, adding weight to the bearish thesis. Our 31-strategy scoring model ranks Long Put as the highest-conviction play at 96%.
Support / Resistance
Support167,658.00
Resistance180,680.00
Moving Averages
21-day SMA175,511.62
50-day SMA173,074.34
100-day SMA179,028.01
200-day SMA173,176.23
Moving Average Trends
Death Cross identified (50-day crossed below 200-day) — Bearish major signal
Momentum (RSI)
RSI at 47.5 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
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% | 177,606.81 |
| 38.2% | 175,705.60 |
| 50.0% | 174,169.00 |
| 61.8% | 172,632.40 |
| 78.6% | 170,444.71 |
| Low (100.0%) | 167,658.00 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 182,372.86 |
| Ext 1.272 (Up) | 184,221.98 |
| Ext 1.618 (Up) | 188,727.60 |
| Ext 1.13 (Dn) | 165,965.14 |
| Ext 1.272 (Dn) | 164,116.02 |
| Ext 1.618 (Dn) | 159,610.40 |
Trade Setup
Entry
172,180.00
Stop Loss
173,721.61
Take Profit
169,096.77
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put96%
Buy OTM Put
Put Ratio Backspread96%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread93%
Buy Put + Sell lower Put
Market Search Previews
Key Takeaway
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
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