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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
15.8% Moderate
Bovespa (Brazil)
Strong Bearish166,334.86
-0.27%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (26.1)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price beneath the 20-day moving average (173,282), the burden of proof shifts to the bulls. Rallies into the SMA are selling opportunities until reclaimed. Momentum oscillator at 26 enters oversold territory. Contrarian long setups and defined-risk debit strategies gain merit. MACD validates the bearish lean: histogram below zero and expanding in negative territory. The impulse leg is to the downside. At 0.0x average volume, the move is thinly traded. Liquidity gaps could trigger sharp reversals on any catalyst.
Support / Resistance
Support164,835.00
Resistance180,680.00
Moving Averages
21-day SMA173,283.95
50-day SMA172,640.18
100-day SMA178,193.26
200-day SMA173,827.18
Moving Average Trends
Bearish short-term cross (21-EMA crossed below 50-SMA) — Trend accelerating downward
Momentum (RSI)
RSI is extremely low at 26.1 (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
166,334.86
Stop Loss
167,802.98
Take Profit
163,398.61
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put80%
Buy OTM Put
Put Ratio Backspread80%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread77%
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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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.