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Shunya.Trade Options Engine
Asia-Pacific Market Pre-Market Analysis
Volatility Index — CBOE VIX
14.6% Low
ASX 200 (Australia)
Strong Bullish9,250.60
+0.19%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (77.4)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (8,987), the short-term trend channel favours continuation higher. The 77 RSI print warns of stretched momentum. Consider scaling out of directional longs or hedging with defined-risk structures. Momentum confirmation from MACD — the signal line crossover is bullish and the histogram continues to expand. Quantitative screening across 31 structures identifies Long Call (80%) as today's top-ranked setup.
Support / Resistance
Support8,490.90
Resistance9,296.70
Moving Averages
21-day SMA8,978.20
50-day SMA8,864.22
100-day SMA8,785.31
200-day SMA8,783.29
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 77.4 (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
9,250.60
Stop Loss
9,196.18
Take Profit
9,359.44
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call80%
Buy OTM Call
Call Ratio Backspread80%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread77%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Track USD/JPY correlation with Nikkei 225 and watch Hang Seng tech sector for regional momentum cues.
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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.