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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 Bullish9,209.40
-0.45%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (73.0)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA (9,005) remains unbroken on the downside — bulls retain structural control of the near-term tape. RSI has climbed to 73, putting the tape in overbought territory. New directional longs carry elevated reversal risk. The MACD reading adds conviction to the long thesis — positive and expanding histogram with a bullish signal-line cross. The structured approach identifies Long Call at 80% 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 SMA8,997.29
50-day SMA8,873.92
100-day SMA8,793.12
200-day SMA8,784.05
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 73.0 (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
9,209.40
Stop Loss
9,156.62
Take Profit
9,314.97
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.