Friday's initial hesitation at the less than stellar jobs report was replaced by a positive swing as Obama reported on the NATO stance on the Ukraine and hints were reported that there may be a multi nation coalition forming to deal with ISIS. News (and emotions) will always trump technical factors and that looks like what happened yesterday.
A bit surprising but XIV came up as a #1 rank on M3 at 8 AM PST and it performed well throughout the day. We'll be looking to Monday to see if there's follow through on Friday's pop.
September tends to be a statistically volatile month and buying in October for the buy and hold types has been a better bet over the last 15 years.
Nevertheless, for now the markets are still maintaining a positive trend as shown in the daily bar version of VEGA below.