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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
14.2% Low
Bovespa (Brazil)
Strong Bearish166,934.20
-0.10%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (28.0)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Loss of the 20-day SMA (173,961) flips the near-term structure bearish — the moving average now acts as a ceiling rather than a floor. The 28 RSI print suggests aggressive selling has run its course — buyers may attempt to step in near support. MACD histogram turns negative, adding weight to the bearish thesis. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support164,835.38
Resistance180,680.00
Moving Averages
21-day SMA173,949.01
50-day SMA172,747.44
100-day SMA178,541.40
200-day SMA173,627.30
Moving Average Trends
Death Cross identified (50-day crossed below 200-day) — Bearish major signal
Momentum (RSI)
RSI is extremely low at 28.0 (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
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
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% | 176,940.67 |
| 38.2% | 174,627.35 |
| 50.0% | 172,757.69 |
| 61.8% | 170,888.02 |
| 78.6% | 168,226.12 |
| Low (100.0%) | 164,835.38 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 182,739.80 |
| Ext 1.272 (Up) | 184,989.74 |
| Ext 1.618 (Up) | 190,471.98 |
| Ext 1.13 (Dn) | 162,775.57 |
| Ext 1.272 (Dn) | 160,525.64 |
| Ext 1.618 (Dn) | 155,043.40 |
Trade Setup
Entry
166,934.20
Stop Loss
168,495.39
Take Profit
163,811.84
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
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Key Takeaway
Track Selic rate expectations via DI futures curve alongside Ibovespa OI shifts for rate-sensitive sector trades.
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