XLF closed at $32.32 after gaining 2.44% yesterday

A quick look at yesterday: with a daily low of $32.02, Financial Select Sector SPDR Fund closed yesterday at $32.32, after ending Thursday at $31.55 and gaining 77 cents (2.44%).

Uptick comes while some more positive signs for Financial Select Sector SPDR Fund are out as United States Average Hourly Earnings beat analyst expectations of 0.3% and the previous reading of 0.3% with new data of 0.5%. Data for United States Non Farm Payrolls published yesterday at 12:30 UTC came out at 253,000, beating projections of 180,000 and showing improvement over the preceding figure of 165,000. United States Unemployment Rate beat the 3.6 projections, with 3.4.

Financial Select Sector SPDR Fund's lower Bollinger Band® is at $31.67, indicating that the market is oversold and fertile for new buyers. In contrast, Financial Select Sector SPDR Fund could be slowing down soon as it approaches resistance at $32.47. Of course, crossing it might suggest further gains are ahead.

Overall, looking at the technical analysis landscape, it seems Financial Select Sector SPDR Fund might continue pointing upwards in the short term.

Other markets are also showing gains as Apple is trading around $173.57 after ending yesterday's session at $165.79 (up 4.69% today). Walt Disney is trading around $100.52 after ending yesterday's session at $97.45 (up 3.15% today). Notably, BHP Billiton rose 4.49% yesterday and closed at $58.18.

Approximately 2 months ago, Financial Select Sector SPDR Fund reached a significant high of $37 but has struggled to hold onto its gains and declined 14.73% since then.