Nasdaq 100 loses the 50-day moving average again; NVIDIA pulls back after hitting resistance

Escalating US-Iran tensions triggered a broad pullback in US stocks; Dow Jones ( $Dow Jones Industrial Average (.DJI.US)$ ) opened higher overnight but closed lower, and may test support near the 20-day moving average at around 52,000 points in the short term; Nasdaq 100 ( $NASDAQ 100 Index (.NDX.US)$ ) opened lower and continued to decline, once again losing the 50-day moving average. Support at the 29,000-point level must hold. Bullish investors on the Dow may consider bull certificates $SG#DJIA RC2612E.C (49613.HK)$ , with a call price of 48,000. Conversely, for bearish views, consider bear warrants $SG#DJIA RP28122.P (49649.HK)$ , with a call price of 57,000 points. For those bullish on the Nasdaq, 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.

Terra ($Tesla (TSLA.US)$ ) After opening lower overnight, the stock remained under pressure and failed to break through resistance near USD 410. Short-term price action remains volatile. Investors bullish on Tesla may 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.

Nvidia ( $NVIDIA (NVDA.US)$ ) The stock pulled back overnight and was again capped by the 50-day moving average resistance. Should it further lose the USD 200 level, it may test support near the previous low of around USD 192. Investors bullish on NVIDIA may consider call warrants. $SG-NVDA@RC2612A.C (11185.HK)$ , 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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