SPY Arbitrage

The improving nature of the SPY Arbitrage suggests that certain levers of intraday market manipulation are being pulled, much as if they wanted to understate early trade and will come in with a bang, "Surprise" in the afternoon session such as I mentioned in the last Market Update.

I have't found anything in the intraday charts that would be inconsistent with the trend now in the Capital Context SPY Arbitrage chart.