Here's an update:
The charts at 5 minutes are not too exciting and the longer term charts I showed yesterday remain intact.
This may be an intraday rally or...? I have a feeling it's probably the former as, but notice when accumulation on the 1 min charts began-POMO ends at 11:00 a.m.. Tomorrows initial jobless claims are probably the bigger issue right now and probably leaked. Yesterday there were a number of stories -mostly focussed on SAC capital insider trading, but the point is, these reports are routinely leaked and considering last week's data, many are looking for clarity in tomorrow's report.
*remember, red=distribution, white=accumulation and green= confirmation
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