The S&P 500 is trading higher by 12 points to 1785 shortly after the open.

Technically, the break of the 100dma and support/resistance at the Jan and mid-Dec lows is a positive sign. From there, there isn’t much resistance until close to 1800.

S&P 500

S&P 500 daily

It’s looking like the final votes are in: The jobs report wasn’t good but it was good enough.