Nasdaq 100 opened higher but turned lower, with Nvidia (NVDA) consolidating along the 50-day moving average.

Dow Jones ($Dow Jones Industrial Average (.DJI.US)$ The first trading day of 2026 initially fell but then rebounded, consolidating near the 48,000-point level. The current 'higher high' upward pattern remains intact for now, and the market can still be seen moving higher; Nasdaq 100 ( $NASDAQ 100 Index (.NDX.US)$ ) opened higher but then declined, fluctuating between the 20-day and 50-day moving averages near the 25,200-point level. The strategy continues to focus on buying on dips.

If bullish on the Dow, investors may consider $SG#DJIA RC2603C.C (49849.HK)$ , with a redemption price at 45,000 points. Conversely, if bearish, one may consider $SG#DJIA RP2812L.P (49803.HK)$ , with a recovery price at 51,000 points. Investors optimistic about the Nasdaq can consider $SG#NQ100RC2606B.C (49937.HK)$ , with a re-entry price at the 24,000-point level. Conversely, for those bearish, they may consider $SG#NQ100RP2812X.P (49805.HK)$ , with a recovery price at 27,000 points.

NVIDIA ( $NVIDIA (NVDA.US)$ ) Last Friday, the share price initially rose but then pulled back, failing to break through upwards, continuing to consolidate sideways near $186 along the 50-day line. If it can hold above this average, there is still a chance to gradually move towards the psychological barrier of $200. Investors who are bullish on Nvidia may consider $SG-NVDA@RC2604A.C (10055.HK)$ , with a strike price of 230. Conversely, if bearish, consider $SG-NVDA@RP2604A.P (10057.HK)$ , with an exercise price of $165.

Tesla ( $Tesla (TSLA.US)$ ) Over the past week, the stock price has significantly retreated from the psychological barrier of $500, with heavy selling pressure on Friday, falling through the 50-day line all the way down to around $438. However, the medium-term upward rebound trend remains unchanged, and the medium-term rising channel has shifted upwards to about $420. Consider opportunities to deploy a technical rebound at lower levels. If bullish on Tesla, consider $SG-TSLA@RC2603A.C (10010.HK)$ , with a strike price of 530. Conversely, if bearish, consider $SG-TSLA@RP2603A.P (10011.HK)$ , with a strike price of 370.

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