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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
14.6% Low
Bovespa (Brazil)
Strong Bearish167,100.95
-0.23%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (32.8)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day average at 174,300 has failed as support, transitioning into resistance. Price must reclaim it to neutralize the bearish signal. With the RSI reading at 33, the tape is washed out. Watch for a divergence signal to confirm a base-building attempt. MACD histogram negative and deepening — the momentum profile reinforces the short-side thesis. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support166,196.92
Resistance180,680.00
Moving Averages
21-day SMA174,277.14
50-day SMA172,789.14
100-day SMA178,691.38
200-day SMA173,521.23
Moving Average Trends
Death Cross identified (50-day crossed below 200-day) — Bearish major signal
Momentum (RSI)
RSI at 32.8 confirms strong selling momentum, though nearing oversold territory.
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
Inverted V-Shape / Double Top Formation
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 180,680.00 |
| 23.6% | 177,261.99 |
| 38.2% | 175,147.46 |
| 50.0% | 173,438.46 |
| 61.8% | 171,729.46 |
| 78.6% | 169,296.30 |
| Low (100.0%) | 166,196.92 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 182,562.80 |
| Ext 1.272 (Up) | 184,619.40 |
| Ext 1.618 (Up) | 189,630.54 |
| Ext 1.13 (Dn) | 164,314.12 |
| Ext 1.272 (Dn) | 162,257.52 |
| Ext 1.618 (Dn) | 157,246.38 |
Trade Setup
Entry
167,100.95
Stop Loss
168,629.86
Take Profit
164,043.13
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put89%
Buy OTM Put
Put Ratio Backspread89%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread86%
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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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.