It seems like it may be decoupling from Noel and Noel is providing a lift of moist ITCZ air into this reagion.
WV & CIMSS shows a broad UL Ridge with some areas of UL Outflow.
http://www.ssd.noaa.gov/goes/east/tatl/loop-wv.html
Judging from QuikSCAT, there appears to be a surface trough:
Seems like this is about the only place in the Atlantic Basin that has minimal shear.
CMC is showing some development down the road.
http://moe.met.fsu.edu/cgi-bin/cmctc2.c ... =Animation