Here's the chart of NASDAQ Comp at 12:45. As we can see, the Pink oscillator did turn around and has been moving downwards. This is in conflict with the upward movement of the Black. Keeping in mind that the Price/Index is the sum of the oscillators and indicators, we can see how this leads to a sluggish market.

Since the oscillators move consistently, it is possible that the Pink turns this afternoon and provides upward momentum along with Black.
The blog will be update with the End-of-Chart and Intraday chart after close this evening.