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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
14.9% Low
Bovespa (Brazil)
Strong Bearish167,830.27
+0.90%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (16.7)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Sellers have pushed through the 20-day average (172,796), signaling a deterioration in near-term structure. At 17, the momentum gauge is deeply oversold. Mean-reversion setups become statistically attractive, though confirmation is key. MACD histogram turns negative, adding weight to the bearish thesis. 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 SMA173,022.25
50-day SMA172,624.41
100-day SMA178,044.23
200-day SMA173,929.19
Moving Average Trends
Bearish short-term cross (21-EMA crossed below 50-SMA) — Trend accelerating downward
Momentum (RSI)
RSI is extremely low at 16.7 (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
Lower Highs and Lower Lows (Downtrend Structure)
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
167,830.27
Stop Loss
169,329.79
Take Profit
164,831.22
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
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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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