Medium term up trending weekly and daily cycles continue to propel S&P higher clearing the overhead resistance - futures closed bullish at 2897. During such a confluence of cycles where both weekly and daily uptrend, typically short term down cycles have almost negligible or no impact.
US Dollar Index futures closed slightly higher at 96.99.
US employment report came positive - nonfarm payroll bounced back up to 196K. However, retail and manufacturing payroll contracted by -12K and -6K respectively. Consumer credit was up by $15.2B.