πŸ“Œ Originally published at shunya.trade β€” View with interactive charts & tools.
Shunya.Trade Options Engine

United States Market Pre-Market Analysis

August 12, 202609:00 AM LocalReal-Time Market Data
Gold (GC)
4,482.10
+2.26%
Nasdaq 100 (NQ)
29,909.75
+0.96%
S&P 500 (ES)
7,782.00
+0.45%
Silver (SI)
66.42
+2.55%
Dollar Index (DX)
99.68
-0.14%
Dow Jones (DJI)
53,791.85
-0.34%
Crude Oil (CL)
83.21
+0.01%
Natural Gas (NG)
2.81
+1.55%
Volatility Index — CBOE VIX
15.1% Moderate
Gold (GC)
Strong Bullish
4,482.10
+2.26%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bearish
RSI (83.2)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price respects the 20-day average at 4,141 as a floor, offering a constructive base for directional longs. RSI has climbed to 83, putting the tape in overbought territory. New directional longs carry elevated reversal risk. The MACD reading adds conviction to the long thesis β€” positive and expanding histogram with a bullish signal-line cross. Volume surges to 8.1x the 20-day mean β€” the tape is moving with purpose and broad participation.
Support / Resistance
Support3,962.50
Resistance4,529.50
Moving Averages
21-day SMA4,136.38
50-day SMA4,163.11
100-day SMA4,395.44
200-day SMA4,483.52
Moving Average Trends
Bullish short-term cross (21-EMA crossed above 50-SMA) β€” Trend accelerating upward
Momentum (RSI)
RSI is extremely high at 83.2 (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 has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
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
LevelPrice
High (0.0%)4,529.50
23.6%4,395.69
38.2%4,312.91
50.0%4,246.00
61.8%4,179.09
78.6%4,083.84
Low (100.0%)3,962.50
Extensions
ExtensionPrice
Ext 1.13 (Up)4,603.21
Ext 1.272 (Up)4,683.72
Ext 1.618 (Up)4,879.91
Ext 1.13 (Dn)3,888.79
Ext 1.272 (Dn)3,808.28
Ext 1.618 (Dn)3,612.09
Trade Setup
Entry
4,482.10
Stop Loss
4,439.30
Take Profit
4,567.70
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call89%
Buy OTM Call
Call Ratio Backspread89%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread86%
Buy Call + Sell higher Call
Nasdaq 100 (NQ)
Strong Bullish
29,909.75
+0.96%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (62.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The short-term moving average at 28,962 holds as support, keeping the 20-day trend channel intact for now. Momentum at 63 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. MACD histogram prints positive, confirming the bullish impulse leg is intact. Low-conviction tape β€” volume at 0.1x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support27,201.50
Resistance30,968.00
Moving Averages
21-day SMA28,996.82
50-day SMA29,474.82
100-day SMA28,288.22
200-day SMA26,812.45
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 62.9 confirms strong buying momentum, with room to run before becoming extremely overbought.
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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Confluence
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
LevelPrice
High (0.0%)30,968.00
23.6%30,079.11
38.2%29,529.20
50.0%29,084.75
61.8%28,640.30
78.6%28,007.53
Low (100.0%)27,201.50
Extensions
ExtensionPrice
Ext 1.13 (Up)31,457.65
Ext 1.272 (Up)31,992.49
Ext 1.618 (Up)33,295.70
Ext 1.13 (Dn)26,711.85
Ext 1.272 (Dn)26,177.01
Ext 1.618 (Dn)24,873.80
Trade Setup
Entry
29,909.75
Stop Loss
29,526.63
Take Profit
30,675.99
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
S&P 500 (ES)
Strong Bullish
7,782.00
+0.45%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (74.4)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA (7,588) remains unbroken on the downside β€” bulls retain structural control of the near-term tape. RSI has climbed to 74, putting the tape in overbought territory. New directional longs carry elevated reversal risk. Momentum confirmation from MACD β€” the signal line crossover is bullish and the histogram continues to expand. Low-conviction tape β€” volume at 0.1x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support7,232.25
Resistance7,820.25
Moving Averages
21-day SMA7,589.21
50-day SMA7,537.77
100-day SMA7,324.41
200-day SMA7,092.68
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 74.4 (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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Confluence
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
LevelPrice
High (0.0%)7,820.25
23.6%7,681.48
38.2%7,595.63
50.0%7,526.25
61.8%7,456.87
78.6%7,358.08
Low (100.0%)7,232.25
Extensions
ExtensionPrice
Ext 1.13 (Up)7,896.69
Ext 1.272 (Up)7,980.19
Ext 1.618 (Up)8,183.63
Ext 1.13 (Dn)7,155.81
Ext 1.272 (Dn)7,072.31
Ext 1.618 (Dn)6,868.87
Trade Setup
Entry
7,782.00
Stop Loss
7,726.64
Take Profit
7,892.72
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
Silver (SI)
Strong Bullish
66.42
+2.55%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bearish
RSI (77.3)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The tape holds above the 20-day average (59.75), maintaining the positive short-term trend channel. At 77 on the RSI, the asset is technically overbought. Momentum can sustain here, but the probability of a corrective pause rises. The moving-average convergence divergence oscillator supports the bull case β€” histogram expanding above the zero line. Volume surges to 15.8x the 20-day mean β€” the tape is moving with purpose and broad participation.
Support / Resistance
Support55.01
Resistance76.03
Moving Averages
21-day SMA59.62
50-day SMA62.19
100-day SMA69.05
200-day SMA70.41
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 77.3 (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 has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
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
LevelPrice
High (0.0%)76.03
23.6%71.07
38.2%68.00
50.0%65.52
61.8%63.04
78.6%59.51
Low (100.0%)55.01
Extensions
ExtensionPrice
Ext 1.13 (Up)78.76
Ext 1.272 (Up)81.74
Ext 1.618 (Up)89.01
Ext 1.13 (Dn)52.28
Ext 1.272 (Dn)49.30
Ext 1.618 (Dn)42.03
Trade Setup
Entry
66.42
Stop Loss
65.55
Take Profit
68.16
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call89%
Buy OTM Call
Call Ratio Backspread89%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread86%
Buy Call + Sell higher Call
Dollar Index (DX)
Strong Bearish
99.68
-0.14%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (22.9)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The break below the 20-day SMA at 100 opens the door to further downside probing. With the RSI reading at 23, the tape is washed out. Watch for a divergence signal to confirm a base-building attempt. MACD histogram turns negative, adding weight to the bearish thesis. The scoring engine flags Long Put with a 80% conviction score β€” the strongest signal in today's scan.
Support / Resistance
Support99.05
Resistance101.80
Moving Averages
21-day SMA100.48
50-day SMA100.53
100-day SMA99.71
200-day SMA99.18
Moving Average Trends
Bearish short-term cross (21-EMA crossed below 50-SMA) β€” Trend accelerating downward
Momentum (RSI)
RSI is extremely low at 22.9 (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
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Confluence
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)101.80
23.6%101.15
38.2%100.75
50.0%100.43
61.8%100.10
78.6%99.64
Low (100.0%)99.05
Extensions
ExtensionPrice
Ext 1.13 (Up)102.16
Ext 1.272 (Up)102.55
Ext 1.618 (Up)103.50
Ext 1.13 (Dn)98.69
Ext 1.272 (Dn)98.30
Ext 1.618 (Dn)97.35
Trade Setup
Entry
99.68
Stop Loss
99.96
Take Profit
99.12
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put80%
Buy OTM Put
Put Ratio Backspread80%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread77%
Buy Put + Sell lower Put
Dow Jones (DJI)
Strong Bullish
53,791.85
-0.34%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (62.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 52,792 continues to act as dynamic support β€” price remains above it, reinforcing upside bias. Momentum at 62 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. MACD histogram prints positive, confirming the bullish impulse leg is intact. Across the full 31-strategy universe, Long Call captures the highest score at 80%. Alignment across trend, momentum, and vol regime drives the ranking.
Support / Resistance
Support49,909.07
Resistance54,744.33
Moving Averages
21-day SMA52,778.84
50-day SMA52,177.98
100-day SMA50,373.08
200-day SMA49,312.52
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 62.5 confirms strong buying momentum, with room to run before becoming extremely overbought.
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
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
LevelPrice
High (0.0%)54,744.33
23.6%53,603.21
38.2%52,897.26
50.0%52,326.70
61.8%51,756.14
78.6%50,943.82
Low (100.0%)49,909.07
Extensions
ExtensionPrice
Ext 1.13 (Up)55,372.91
Ext 1.272 (Up)56,059.52
Ext 1.618 (Up)57,732.52
Ext 1.13 (Dn)49,280.49
Ext 1.272 (Dn)48,593.88
Ext 1.618 (Dn)46,920.88
Trade Setup
Entry
53,791.85
Stop Loss
53,401.38
Take Profit
54,572.80
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
Crude Oil (CL)
Strong Bullish
83.21
+0.01%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (38.0)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price respects the 20-day average at 82.39 as a floor, offering a constructive base for directional longs. At 38, the momentum oscillator reinforces the bearish lean. Sellers have the edge in the near-term. MACD confirms the directional momentum: histogram above zero and widening. The impulse leg has room to extend. Volume is running cold at 0.3x the norm. Without broader participation, the current directional bias is vulnerable.
Support / Resistance
Support67.04
Resistance97.00
Moving Averages
21-day SMA82.26
50-day SMA80.07
100-day SMA88.93
200-day SMA76.63
Moving Average Trends
Bullish short-term cross (21-EMA crossed above 50-SMA) β€” Trend accelerating upward
Momentum (RSI)
RSI at 38.0 confirms strong selling momentum, though nearing oversold territory.
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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Confluence
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)97.00
23.6%89.93
38.2%85.56
50.0%82.02
61.8%78.48
78.6%73.45
Low (100.0%)67.04
Extensions
ExtensionPrice
Ext 1.13 (Up)100.89
Ext 1.272 (Up)105.15
Ext 1.618 (Up)115.52
Ext 1.13 (Dn)63.15
Ext 1.272 (Dn)58.89
Ext 1.618 (Dn)48.52
Trade Setup
Entry
83.21
Stop Loss
80.44
Take Profit
88.75
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call96%
Buy OTM Call
Call Ratio Backspread96%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread93%
Buy Call + Sell higher Call
Natural Gas (NG)
Neutral
2.81
+1.55%
Intraday
Bullish
Daily
Neutral
Weekly
Bearish
Monthly
Bearish
RSI (43.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Trading above the 20-day SMA (2.78), the asset maintains its bullish price structure β€” dip-buying remains the high-probability play. RSI at 43 lingers below the midline β€” momentum remains in the bears' hands, though not yet at capitulation levels. MACD histogram remains in positive territory, underpinning the current directional move. Thin participation (0.3x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support2.62
Resistance3.44
Moving Averages
21-day SMA2.79
50-day SMA3.01
100-day SMA2.92
200-day SMA3.42
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 43.1 is well within the neutral zone, showing balanced momentum without extreme conditions.
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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Confluence
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)3.44
23.6%3.25
38.2%3.13
50.0%3.03
61.8%2.93
78.6%2.79
Low (100.0%)2.62
Extensions
ExtensionPrice
Ext 1.13 (Up)3.55
Ext 1.272 (Up)3.67
Ext 1.618 (Up)3.95
Ext 1.13 (Dn)2.51
Ext 1.272 (Dn)2.39
Ext 1.618 (Dn)2.11
Trade Setup
Entry
2.81
Stop Loss
2.76
Take Profit
2.91
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread82%
Sell near-term + Buy far-term (same strike)
Long Call62%
Buy OTM Call
Call Ratio Backspread62%
Sell 1 lower Call + Buy 2 higher Calls
Market Search Previews
Key Takeaway
Analyze VIX term structure (contango vs backwardation) to assess whether hedging demand supports directional or premium-selling strategies.
Free Daily Analysis
Get Pre-Market & Post-Market Setups Every Day
Options Engine signals for NIFTY, S&P 500, DAX, Forex & 10+ global markets β€” completely free.
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.