The Cutting Plane Tool creates a plane on one side of which the data are rendered and on the other side, the data are cut away. The wand then acts as a cutting plane which can be move throughout the data set as needed.
To use the Cutting Plane Tool, from the main menu select:
3D Visualizer menu > Algorithms > cutting plane
Then with the desired button select:
> Tool Selection Menu > Locator > 6 – DOF Locator