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Shunya.Trade Options Engine
Latin America Market Pre-Market Analysis
Volatility Index — CBOE VIX
15.7% Moderate
Bovespa (Brazil)
Strong Bearish166,335.00
-0.27%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (26.1)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Sellers have pushed through the 20-day average (173,282), signaling a deterioration in near-term structure. Momentum oscillator at 26 enters oversold territory. Contrarian long setups and defined-risk debit strategies gain merit. Momentum confirmation is bearish — MACD histogram negative and signal-line crossover pointing lower. Our 31-strategy scoring model ranks Long Put as the highest-conviction play at 80%.
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
166,335.00
Stop Loss
167,803.16
Take Profit
163,398.69
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
Monitor BRL strength and commodity correlations for BOVESPA directional cues during the B3 session.
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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.