The market opened quite high, but eventually lost all gains in last hour of the session. Nevertheless, as the higher high has been made, the weekly buy signal was generated.
Both oscillators are giving mixed signals.
The gains are not confirmed by volume, therefore caution is advised. Nevertheless, price is making higher highs and that is the only thing that counts.
Employment data from US is still looks bad (here or here), but stock market is growing (here).
Sources:
[http://www.marketwatch.com/story/payrolls-fall-345000-jobless-rate-rises-to-94-20096583100]
[http://seekingalpha.com/article/141586-unemployment-data-nothing-to-cheer-about]
[http://www.marketwatch.com/story/us-stocks-close-around-flat-line-in-volatile-trade]
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