The Dow Jones broke below the 53,000 level; Broadcom (AVGO) is consolidating near its 10-day moving average ahead of earnings.

A sharp rise in oil prices pushed the 10-year Treasury yield to highs seen early last year, dragging US stocks lower overnight. The Dow Jones ( $Dow Jones Industrial Average (.DJI.US)$ ) fell below the 53,000-point mark and retreated to near its 50-day moving average; the Nasdaq 100 ( $NASDAQ 100 Index (.NDX.US)$ Retraced over 300 points to the 29,000 level; the 100-day moving average support is being tested again. The overall trend remains weak, and short-term consolidation may be needed. If you are bullish on the Dow Jones Industrial Average, consider watching CBBCs. $SG#DJIA RC2612F.C (49653.HK)$ , with a call price of 49,000 points. Conversely, for those bearish, consider bear certificates $SG#DJIA RP28122.P (49649.HK)$ , 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 price of 31,500 points.

Broadcom ( $Broadcom (AVGO.US)$ Earnings will be released after hours tonight. The stock price has recently returned to consolidate near the 10-day moving average at around $370. If earnings results are strong, there is a chance for a short-term retest of the 50-day moving average resistance at approximately $385. If you are bullish on Broadcom, consider watching call warrants. $SG-BDCM@RC2612A.C (11128.HK)$ , with a strike price of 380. Conversely, if you are bearish, consider watching put warrants. $SG-BDCM@RP2612A.P (11129.HK)$ , with a strike price of $280.

NVIDIA ( $NVIDIA (NVDA.US)$ Fell over 1% overnight to near $217, with the stock price retesting support at the 20-day moving average. The short-term trend remains volatile. If you are bullish on NVIDIA, consider watching 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.

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