HSTECH rebounds while Nasdaq-100 futures advance ahead of Xi-Trump talks; Focus on 7x DLCs

SG DLC News
09-21 12:01

The $HSTECH(HSTECH)$ edged higher on Monday morning (21 September), rising around 0.4% as of 9:45am SGT.

Amplifying the move,  $HSTECH 7xLongSG271216(SYHW.SI)$  rose around 2%, while $HSTECH 7xShortSG270309(9B2W.SI)$ declined a similar magnitude.

The index rebounded from the 4,250 level last week after successfully retesting this support zone for the second time this year. Holding above this level will be critical to sustaining further upside momentum.

In the U.S., $NASDAQ 100(NDX)$ futures also traded higher after breaking above the 30,000 level, gaining approximately 0.6%.

This lifted the $Nasdaq 7xLongSG280330(MFVW.SI)$ by more than 4%, while the Nasdaq 7x Short DLC (W5BW) declined a similar magnitude.

Market attention now turns to the Xi-Trump Summit in Washington on Thursday (24 September).

Investors seeking bullish or bearish exposure may consider the 7x or -7x DLCs across selected U.S., Hong Kong and Singapore indices.

View the full list of DLCs here. 

This advertisement has not been reviewed by the Monetary Authority of Singapore. This advertisement is distributed by Société Générale, Singapore Branch. This advertisement does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.

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Comments

  • financead
    09-21 20:03
    financead
    4250 is key, but I care more about how implied vol in the 7x DLCs behaves into the summit than a pure direction bet
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