And here comes the move

This is what I have been showing you all day on the 3C intraday 1-5 min chart, accumulation for a move higher.

 The DIA breaking the 50-day 5 min moving average, remember this trick because you can use it to your advantage. Traders refuse to adjust to the market which now uses technical analysis against them. This 50-bar m.a. on a 5 min chart has been in use for over a decade as a day trader favorite, so often we can use this against other traders as Wall Street occasionally uses it against T.A. traders. Wall Street has adjusted to technical analysis, technical traders have not adjusted to Wall Street, that is why things like the head fake which we saw a mini version of in AAPL today or in GLD last week that took out a month of longs in 1 day, work, because technical traders are predictable making Wall Street somewhat predictable in the ways they will use TA against retail. Also remember this other trick, within a down trend, we get a bullish candle stick pattern on huge volume, it's almost always a reversal signal. On this 5 min chart, the "Tweezer Bottom and huge volume are quite clear in the white box with support at the red trendline.

 The earlier large volume skews volume recently, but as you can see, it's increased as price moves above the 50 bar 5 min average. We see another increase as resistance is broken 2x.

 The SPY volume increase on a move above the 50 bar 5 min moving average.

The NYSE Tick Index appears to be trend-less today, but note there are a lot more moves below -1000 then above +1000 (The NYSE Tick Index is all NYSE advancing stocks per tick on the timeframe -here 1 min- less the declining issues).

Note the biggest move down after 2 p.m. was -1360 and seems to have acted as a washout for the market to move higher, kind of like short term capitulation.