IWM Gets Its 15 Min Pos.

The NASDAQ and IWM were the laggards over the last week as far as 3C activity with the NASDAQ looking the worst (I wonder why, maybe someone knew the batteries running the NASDAQ were expiring this week), in any case the IWM didn't look as bad as the NASDAQ, but not as good as the SPY, it finally put in its 15 min positive and as per the last post you can see intraday trade falling off at the close on negative 3C signals in all of the averages I can check that haven't been shut down all afternoon.

 IWM 2 min in line all day as it rallied up +1.35%

The 3 min chart shows the theme I suspected and saw in a lot of places yesterday, the post-F_O_M_C minutes dip to lows were heavily accumulated in most assets including the IWM.

The 3 min also in line today which is good.

The 5 min from a leading negative gapping the IWM down to a relative positive at the lows.

The IWM has now joined the SPY and a number of Industry groups like Financials in a leading positive 15 min divergence, much of that came from yesterday.

This is the EOD 1 min chart, as mentioned in the last post, these 1 min charts have been negative in to the close, but the 2 min was not as can be seen above. This suggests some early weakness in the morning with strength building in later, however these are quite small intraday divergences at 1 min only in most cases.