DIA, IWM and QQQ

These charts all suggest it's all about the gap as well.

 DIA with a slight leading positive divergence on a 2 min chart, it still hasn't filled the gap from today.

 The long term 30 min chart though is breaking down bad.

 The Russell filled the gap, went negative after that and has just held in a range, apparently waiting for the other averages to fill the gap.

 The 30 min chart is making multi-month new lows and this is in the red zone I have mentioned.

 The Q's filled the gap and then went negative and backed off today, right now there's a relative positive divergence, I assume the NASDAQ is just moving with the other averages still trying to fill the gap.

The 15 min chart though looks considerably worse making new lows here.