A few interesting points...

Take a look at GLD.. Remember, GLD has been a safe haven trade...

 The 15 min chart is showing a pretty strong positive and leading positive divergence

 The 5 min chart as well

Only the intraday 1 min chart has been showing weakness as the market has been moving up today.

Now the IWM...

 The IWM 1 min is quite negative

 The 5 min is now in a leading negative divergence

And now even the 10 min is going negative...

Earlier I assumed we'd see a fade of the gap on early signals, but as they develop, we may be setting up for a move down that is larger then I anticipated.