Yesterday, the non-farm payroll data was released, and the results exceeded expectations, along with positive news on the unemployment rate—at first glance, it seems like a mixed bag of good and bad news, but in reality, the entire market's reaction was lukewarm, with a sense of thunder but little rain. Last night, there was hardly any significant volatility from start to finish.

Interestingly, the market repeatedly tests the same key level—the 0.382 Fibonacci retracement level, around 2954. This level has been repeatedly suppressed by bears, forming a clear support and resistance relationship. Currently, the price is oscillating around this area, and because of that, it naturally becomes a good opportunity to open positions.

The subsequent logic is quite straightforward: a successful breakout upward would be a bullish opportunity; if it can't break through and pulls down, then consider a bearish stance. It all depends on how the market chooses in the next few hours.