IWM-Russell 2000

The IWM which has put in the largest percentage gain on this rally (IWM 25.3% / SPY 16.4% / QQQ 15% / DIA 14.65%) is also one of the first today to show lower lows and lower highs

The white is lower highs, the red is lower lows. There was an uptick in volume as the intraday lows were taken out. Now to see where this next bounce goes (if it continues the pattern). It appears to be turning down now, but it's too early to say conclusively.