Nasdaq 100 plunges sharply; Tesla (TSLA) breaks below its trading range

Stronger-than-expected employment data reignited concerns over interest rate hikes, sending all major U.S. indices sharply lower. The Dow Jones Industrial Average ($Dow Jones Industrial Average (.DJI.US)$) retreated to test the 10-day moving average near the 50,900 level; investors should monitor whether support can be established here going forward. The Nasdaq ( $NASDAQ 100 Index (.NDX.US)$ ) plunged 1,450 points, breaking below both the 10-day and 20-day moving averages and falling back to around the 29,000 mark, suggesting volatile performance ahead.

If bullish on the Dow, consider call warrants $SG#DJIA RC2612D.C (49593.HK)$ , with a call price of 47,000. Conversely, for bearish views, consider bear warrants $SG#DJIA RP28121.P (49640.HK)$ , with a call price of 56,000. For bullish views on the Nasdaq, consider bull warrants $SG#NQ100RC2612K.C (49611.HK)$ , with a call price of 27,000. Conversely, for bearish views, consider bear warrants $SG#NQ100RP2812F.P (49614.HK)$ , with a call-back price at 31,500 points.

Meta ( $Meta Platforms (META.US)$ ) announced a financing plan on Friday, causing its share price to plunge sharply and briefly break below the previous consolidation range’s lower boundary. Confirmation of a breakdown could lead to further correction. For bullish views on Yuanyu, consider call warrants $SG-META@RC2608A.C (11069.HK)$ , strike price 830. Conversely, for bearish views, consider put warrants $SG-META@RP2612A.P (11138.HK)$ Conversely, those bearish may consider structured products with a strike price of $475.

Terra ($Tesla (TSLA.US)$ ) had been consolidating narrowly around USD 420 previously, but plunged sharply on Friday, breaking below USD 400 and the 50-day moving average support, forming a slight double-top pattern and signaling weakening momentum. For bullish views on Tesla, consider call warrants $SG-TSLA@RC2610A.C (11134.HK)$ , with a strike price of 490. Conversely, if bearish, consider put warrants. $SG-TSLA@RP2612A.P (11135.HK)$Conversely, if bearish, you can look at , with a strike price of $330.

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