The first signs of negative migration in the DIA?

It sure looks that way. In essence what this would mean in real terms is that smart money would be selling in to the price strength, this is what I was talking about all day yesterday. I guess it's beyond ironic that GS gave a long signal the Euro which is the same as saying go long the market, if they needed demand to absorb shares being distributed, such free advice would serve them well.

As for the DIA...

 DIA 1 min-yesterday's positive divergence on a short term 1 min chart in to the lows, this is the first negative divergence as price and 3C move in opposite directions.

 DIA 1 min chart intraday, this would be intraday leading negative. As for migration to a longer chart...

 The 2 min is also showing an intraday leading negative divergence in addition to a long term negative relative divergence.

The 2 min chart leading negative intraday.