During the day on Friday, we get the Nonfarm Payroll Numbers coming out of the United States, and that of course will be the major focus of the day. We have no interest whatsoever in other announcements, so having said that this should be a fairly volatile day based upon the jobs number, and should lead traders to stick to short-term moves.

DAX fails

The DAX initially tried to rally during the course of the session on Thursday, as we had support at the €9800 level. However, we turn right back around and now it looks as if the put buyers have taken control again, and a break down below the €9800 level could send this market into an even steeper fall. On the other hand, a break above the top of the shooting star could show momentum to the upside.

Silver rallies

The silver markets bounced during the session on Thursday, breaking above the top of the hammer from the previous day. This of course is a bullish sign, and it looks as if the call buyers are emboldened at this point in time. With this, looks like the call buyers are starting to assert their influence yet again.

FTSE Tries to rally

The FTSE tried to rally during the day on Thursday as well, but struggled and turned right back around to form a shooting star that now sits upon the 6100 handle. There is quite a bit of support just below though, so at this point in time put buyers will be very skittish more than likely. A break above the top of the shooting star would be a positive sign.