π Originally published at shunya.trade β View with interactive charts & tools.
Shunya.Trade Options Engine
Europe Market Post-Market Review
Volatility Index — CBOE VIX
14.7% Low
DAX 40 (DAX)
Strong Bullish26,292.00
-0.15%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (88.5)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (25,668), the short-term trend channel favours continuation higher. With RSI at 88, the risk/reward for new long entries deteriorates. Favour strategies that benefit from a pullback or consolidation. Momentum confirmation from MACD β the signal line crossover is bullish and the histogram continues to expand. Low-conviction tape β volume at 0.0x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support24,043.52
Resistance26,573.50
Moving Averages
21-day SMA25,632.23
50-day SMA25,239.33
100-day SMA24,689.45
200-day SMA24,487.20
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 88.5 (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%) | 26,573.50 |
| 23.6% | 25,976.42 |
| 38.2% | 25,607.05 |
| 50.0% | 25,308.51 |
| 61.8% | 25,009.97 |
| 78.6% | 24,584.94 |
| Low (100.0%) | 24,043.52 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 26,902.40 |
| Ext 1.272 (Up) | 27,261.65 |
| Ext 1.618 (Up) | 28,137.03 |
| Ext 1.13 (Dn) | 23,714.62 |
| Ext 1.272 (Dn) | 23,355.36 |
| Ext 1.618 (Dn) | 22,479.99 |
Trade Setup
Entry
26,292.00
Stop Loss
26,122.19
Take Profit
26,631.61
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
FTSE 100 (FTSE)
Neutral10,757.90
-0.70%
Intraday
Bearish
Daily
Neutral
Weekly
Bullish
Monthly
Bullish
RSI (52.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price beneath the 20-day moving average (10,791), the burden of proof shifts to the bulls. Rallies into the SMA are selling opportunities until reclaimed. The 52 RSI reading is comfortably above the midline β momentum aligns with the directional thesis. MACD histogram negative and deepening β the momentum profile reinforces the short-side thesis. Volume registers below average β the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support10,127.60
Resistance10,989.50
Moving Averages
21-day SMA10,780.69
50-day SMA10,601.36
100-day SMA10,481.09
200-day SMA10,274.81
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 52.4 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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Confluence
Consolidation / Range-bound Structure
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 10,989.50 |
| 23.6% | 10,786.09 |
| 38.2% | 10,660.25 |
| 50.0% | 10,558.55 |
| 61.8% | 10,456.85 |
| 78.6% | 10,312.05 |
| Low (100.0%) | 10,127.60 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 11,101.55 |
| Ext 1.272 (Up) | 11,223.94 |
| Ext 1.618 (Up) | 11,522.15 |
| Ext 1.13 (Dn) | 10,015.55 |
| Ext 1.272 (Dn) | 9,893.16 |
| Ext 1.618 (Dn) | 9,594.95 |
Trade Setup
Entry
10,757.90
Stop Loss
10,711.24
Take Profit
10,851.22
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread86%
Sell near-term + Buy far-term (same strike)
Long Strangle65%
Buy OTM Call + Buy OTM Put
Long Straddle65%
Buy ATM Call + Buy ATM Put
CAC 40 (CAC)
Strong Bullish8,650.02
-0.29%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (76.2)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term structure remains constructive with price trading above the 20-day SMA (8,528). Momentum is overheated at 76. While trend can override oscillators, the statistical edge for fresh longs is diminished. Momentum confirmation from MACD β the signal line crossover is bullish and the histogram continues to expand. Volume registers below average β the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support8,113.00
Resistance8,755.03
Moving Averages
21-day SMA8,520.38
50-day SMA8,427.92
100-day SMA8,265.18
200-day SMA8,208.80
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 76.2 (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 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%) | 8,755.03 |
| 23.6% | 8,603.51 |
| 38.2% | 8,509.77 |
| 50.0% | 8,434.02 |
| 61.8% | 8,358.26 |
| 78.6% | 8,250.39 |
| Low (100.0%) | 8,113.00 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 8,838.49 |
| Ext 1.272 (Up) | 8,929.66 |
| Ext 1.618 (Up) | 9,151.80 |
| Ext 1.13 (Dn) | 8,029.54 |
| Ext 1.272 (Dn) | 7,938.37 |
| Ext 1.618 (Dn) | 7,716.23 |
Trade Setup
Entry
8,650.02
Stop Loss
8,604.39
Take Profit
8,741.28
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
Watch DAX-FTSE divergence patterns for relative value opportunities within the European session.
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.