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Asia-Pacific Market Pre-Market Analysis

August 20, 202608:15 AM LocalReal-Time Market Data
ASX 200 (Australia)
9,070.00
-0.04%
Volatility Index — CBOE VIX
14.9% Low
ASX 200 (Australia)
Bullish
9,070.00
-0.04%
Intraday
Bullish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (52.6)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price respects the 20-day average at 9,066 as a floor, offering a constructive base for directional longs. RSI at 53 holds above the 50-line, confirming the bullish directional bias without yet reaching overbought extremes. The convergence-divergence oscillator is in bearish mode. Histogram expansion below zero signals sustained selling pressure. Quantitative screening across 31 structures identifies Long Call (71%) as today's top-ranked setup.
Support / Resistance
Support8,555.30
Resistance9,296.70
Moving Averages
21-day SMA9,053.34
50-day SMA8,908.84
100-day SMA8,819.30
200-day SMA8,787.76
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 52.6 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
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
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)9,296.70
23.6%9,121.73
38.2%9,013.49
50.0%8,926.00
61.8%8,838.51
78.6%8,713.96
Low (100.0%)8,555.30
Extensions
ExtensionPrice
Ext 1.13 (Up)9,393.08
Ext 1.272 (Up)9,498.36
Ext 1.618 (Up)9,754.89
Ext 1.13 (Dn)8,458.92
Ext 1.272 (Dn)8,353.64
Ext 1.618 (Dn)8,097.11
Trade Setup
Entry
9,070.00
Stop Loss
9,024.99
Take Profit
9,160.02
Risk / Reward
2.0
Buy
Top Options Strategies
Long Call71%
Buy OTM Call
Call Ratio Backspread71%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread68%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Watch SGX Straits Times Index divergence with regional peers for relative strength cues across ASEAN markets.
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⚠ 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.