Update

 The volatility squeeze and typical bouncing from top to bottom channel

 As mentioned earlier, the SPY was forming a relative positive divergence at the small white lateral arrow, since it has moved up on that bit of weakness.

 DIA 2 min and a good example of the higher lows I mentioned in 3C

 IWM 2 min

QQQ 1 min and another good example of why the trading range is important, you see prices hit the bottom of the range, 3C made a higher low.

Lets see what comes of this, I'm going to look at financials more closely and the longer term charts.