DIA Momentum

I just found the large increase in leading negative momentum interesting, especially as it starts to fill out al timeframes.

 This bearish wedge pattern is looking very obvious, normally I'd expect a head fake move on this pattern as we have seen them so many times before, but they always led to a topping pattern in this case or a bottom in a descending wedge. It doesn't look like there's time for such a pattern.

 60 min is not only rolling over locally after the positive June 4th divergence on a head fake bear trap, but it is massively divergence relative to price in the same area in Q1.

 The same with the 30 min chart, these are the long term charts that tend to be the most reliable and hold the most importance as far as giving us an idea how bad a divergence is. This would be very bad.

 And the intermediary timeframe between the longer underlying trends and intraday actions, the 5 min is seeing increased downside momentum.

 Apparently that 5 min momentum is flowing from the migration of even worse downside momentum like this 3 min chart

Intraday today, there's a very steep leading negative divergence right here.
And this is just the DIA.