Surging oil prices weighed on US stocks, with Tesla forming lower lows in successive waves

Rising oil prices and US Treasury yields dragged down US equities; the Dow Jones Industrial Average ( $Dow Jones Industrial Average (.DJI.US)$ ) opened lower overnight and plunged by over 800 points at one point, closing at 52,348, near support from the 10-day moving average; the Nasdaq 100 ( $NASDAQ 100 Index (.NDX.US)$ ) briefly broke below the 29,000 mark before quickly recovering its losses, though it remained capped by the 50-day moving average—the 29,000 level must hold. For bullish views on the Dow, consider bull certificates $SG#DJIA RC2612E.C (49613.HK)$ , with a call price of 48,000. Conversely, for bearish views, consider bear warrants $SG#DJIA RP28121.P (49640.HK)$ , with a call price at 56,000. For bullish views on the Nasdaq, consider bull warrants $SG#NQ100RC2612K.C (49611.HK)$ , 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.

Terra ($Tesla (TSLA.US)$ ) Recently, the short-term highs have been consistently lower, forming a 'lower high after each wave' pattern. It pulled back overnight to $394 and once again fell below the 50-day moving average, indicating a weak trend. For those bullish on Tesla, call warrants may be worth considering. $SG-TSLA@RC2610A.C (11134.HK)$ , 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.

The market is hopeful that China may resume partial purchases of AI chips, boosting NVIDIA ( $NVIDIA (NVDA.US)$ ) which rebounded over 3% overnight, returning to around $204. Its short-term technical outlook has improved somewhat, potentially allowing further upside toward the 50-day moving average near $210. For those bullish on NVIDIA, call warrants may be worth considering. $SG-NVDA@RC2612A.C (11185.HK)$ , with a strike price of $275. Conversely, for those bearish, consider put warrants $SG-NVDA@RP2612A.P (11090.HK)$ , exercise price 168.

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