An hour in

The RUT remains in its trading range on the four hour chart:

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Squinting, as I do, one can spot a wedge taking shape intraday in the SPX at the one-minute time frame:

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Effective Volume tools shows us the computers (ticks) are sloping downward, and the accumulation of large players is low compared to previous days.

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UPDATE

The SPX rallied past the channel top in the thirty minutes since I started assembling this piece; ticks and money flow increased. The machines are watching and creating the same patterns.

Capture

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