Watch the Nasdaq 100 for support at the 29,200 level; AMD has rebounded above its 10-day moving average

Markets await non-farm payroll data; US stocks softened overnight, with the Dow Jones Industrial Average ( $Dow Jones Industrial Average (.DJI.US)$ ) pulling back after consecutive record highs, closing at 53,885 points; the Nasdaq 100 ( $NASDAQ 100 Index (.NDX.US)$ ) has been fluctuating near the 100-day moving average. In the short term, watch whether the support at the 29,200 level holds. If it breaks below this level, the next support could be tested around the 20-day moving average at approximately 28,800. Bullish investors on the Dow Jones may consider bull certificates $SG#DJIA RC2612F.C (49653.HK)$ , with a call price of 49,000 points. Conversely, for those bearish, consider bear certificates $SG#DJIA RP28123.P (49683.HK)$ , with a call price of 58,000 points. Bullish investors on the Nasdaq may consider bull certificates $SG#NQ100RC2612K.C (49611.HK)$ , with a call price at 27,000. Conversely, for bearish views, consider bear warrants $SG#NQ100RP2812F.P (49614.HK)$ , with a call-back price at 31,500 points.

Alphabet ( $Alphabet-A (GOOGL.US)$ ) announced an AI financing plan overnight, causing its share price to retreat to around $360 near the 50-day moving average. However, buying interest remains evident at lower levels. In the short term, monitor whether it can reclaim the $370 range. Bullish investors on Alphabet may consider call warrants $SGALPBE@RC2612A.C (11184.HK)$ , strike price 470.

Advanced Micro Devices (AMD) ( $Advanced Micro Devices (AMD.US)$ ) announced the acquisition of AI chip startup Taala, further strengthening its AI ecosystem. Overnight, its share price rebounded above the 10-day moving average. Going forward, watch whether it can break through the $500 mark. Bullish investors on AMD may consider call warrants $SG-AMD @RC2612A.C (11214.HK)$ , with a strike price of 700.

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