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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
14.6% Low
Bovespa (Brazil)
Strong Bearish167,101.00
-0.23%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (32.8)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day moving average at 174,300 now acts as overhead resistance — bears have reclaimed near-term control. RSI has collapsed to 33, indicating capitulation-grade selling. Contrarian risk/reward is compelling if support holds. MACD histogram negative and deepening — the momentum profile reinforces the short-side thesis. At 1.4x normal volume, the flow data confirms institutional participation. This is a high-conviction move.
Support / Resistance
Support166,197.00
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% | 177,262.01 |
| 38.2% | 175,147.49 |
| 50.0% | 173,438.50 |
| 61.8% | 171,729.51 |
| 78.6% | 169,296.36 |
| Low (100.0%) | 166,197.00 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 182,562.79 |
| Ext 1.272 (Up) | 184,619.38 |
| Ext 1.618 (Up) | 189,630.49 |
| Ext 1.13 (Dn) | 164,314.21 |
| Ext 1.272 (Dn) | 162,257.62 |
| Ext 1.618 (Dn) | 157,246.51 |
Trade Setup
Entry
167,101.00
Stop Loss
168,629.93
Take Profit
164,043.14
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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