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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
14.9% Low
Bovespa (Brazil)
Strong Bearish166,934.00
-0.10%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (28.0)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day moving average at 173,961 now acts as overhead resistance — bears have reclaimed near-term control. Oversold at 28 — the tape has absorbed significant selling pressure. Defined-risk reversal plays gain merit. MACD validates the bearish lean: histogram below zero and expanding in negative territory. The impulse leg is to the downside. Volume surges to 1.4x the 20-day mean — the tape is moving with purpose and broad participation.
Support / Resistance
Support164,835.00
Resistance180,680.00
Moving Averages
21-day SMA173,949.00
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% | 176,940.58 |
| 38.2% | 174,627.21 |
| 50.0% | 172,757.50 |
| 61.8% | 170,887.79 |
| 78.6% | 168,225.83 |
| Low (100.0%) | 164,835.00 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 182,739.85 |
| Ext 1.272 (Up) | 184,989.84 |
| Ext 1.618 (Up) | 190,472.21 |
| Ext 1.13 (Dn) | 162,775.15 |
| Ext 1.272 (Dn) | 160,525.16 |
| Ext 1.618 (Dn) | 155,042.79 |
Trade Setup
Entry
166,934.00
Stop Loss
168,495.20
Take Profit
163,811.60
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
Track Selic rate expectations via DI futures curve alongside Ibovespa OI shifts for rate-sensitive sector trades.
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