Non-farm Payrolls Night, January 9th at 21:30 will become an important time window for the year-end market. Once the data is released, the market is highly likely to choose a direction. The combination of employment and unemployment rate will directly affect short-term sentiment and rhythm changes.

Expected new non-farm employment around 60,000, previous value 64,000
December unemployment rate expected at 4.5%, previous value 4.6%
If the data is significantly below expectations, with employment below 60,000, the market interpretation will lean bullish, and there is room for short-term sentiment recovery. In terms of operation, you can try long positions accordingly, mainly focusing on short-term trades. If key resistance is effectively broken, consider trend-following. Positioning should be done in batches, with stop-loss close to important support levels to avoid passive risks from chasing rallies.
If the data roughly meets expectations, fluctuating around 60,000, the market may enter a tug-of-war phase between bulls and bears. At this point, heavy positions are not advisable. It is more suitable to participate with light positions within the range, engaging in quick buy and sell, avoiding entanglement with volatile sideways movements. Keep total positions strictly controlled, maintain sensitive stop-losses to prevent sudden breakouts.
If the data significantly exceeds expectations, above 70,000, risk assets will come under pressure, and bearish sentiment may intensify. Short-term traders can follow the trend and go short, with a focus on reducing positions for defense, especially in liquid assets, to catch quick retracement opportunities. Avoid emotional shorting, patiently wait for confirmation signals after key support is broken, to prevent rebounds after data release.
Overall, the main trend remains biased to the downside. As repeatedly emphasized earlier, once the 90,000 level is broken, a structural downward space will open, with the target still locked around 84,500.
Non-farm Payrolls Night is always highly volatile. The real determinant is not predictions but discipline. Follow signals closely, reject subjective guesses, and strictly implement risk control to securely capture your share of profits in the year-end market. #非农就业数据