The Dow Jones Industrial Average consolidated in a narrow range, while NVIDIA (NVDA) faced resistance at the $230 level.

US stocks retreated slightly last Friday, with the Dow Jones ( $Dow Jones Industrial Average (.DJI.US)$ ) continuing to consolidate near the 53,500 level; the Nasdaq-100 ( $NASDAQ 100 Index (.NDX.US)$ ) briefly tested the 29,700 level before reversing and falling back to near its 10-day moving average around 29,400. In the short term, watch whether it can stabilize above this support. If bullish on the Dow, consider bull contracts. $SG#DJIA RC2612F.C (49653.HK)$ , with a call price of 49,000 points. Conversely, for those bearish, consider bear certificates $SG#DJIA RP28123.P (49683.HK)$ . For bullish views 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 price of 31,500 points.

NVIDIA ( $NVIDIA (NVDA.US)$ NVIDIA surged to the $230 mark following its recent earnings release, but reversed course on Friday, dropping over 4% to around $218. In the short term, watch whether it can hold support at the 20-day moving average. If you are bullish on NVIDIA, consider call warrants. $SG-NVDA@RC2612A.C (11185.HK)$ , with a strike price of $275. Conversely, for those bearish, consider put warrants $SG-NVDA@RP2612A.P (11090.HK)$ , with a strike price of 168.

Broadcom ( $Broadcom (AVGO.US)$ Broadcom has recently stabilized from its low of $355, with the share price returning to consolidate near the 10-day moving average. The market is focused on its post-market earnings performance on Wednesday; in the short term, watch for a potential upward breakout driven by the news. If you are bullish on Broadcom, consider call warrants. $SG-BDCM@RC2612A.C (11128.HK)$ , with a strike price of 380.

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