As mentioned in yesterday's analysis, we anticipated a market bounce today and while it might not seem like much in terms of what we got at the end of the day, nonetheless, it was. Wall Street received a nasty jobs report, that saw the market open drastically lower, only to see it steadily climb itself out of the hole. The down side to all of this, is that this may be all we get out of the market and we could consequently see more of the same next week.

Here's the Nasdaq and S&P charts...