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](http://az705044.vo.msecnd.net/20140207/SP500.png)
S&P 500 daily
It’s looking like the final votes are in: The jobs report wasn’t good but it was good enough.