My 60-minute system is displaying some crazy divergences. They are as severe as they were on the Nov 2011 and Dec 2011 pullbacks.
But a divergence by itself won't say when a pullback is done. So I am looking for other data to see if we are near anything important. Here is one view on the Daily chart. We are at a breakout retest line at a 38% retrace with oversold short term conditions.
The next view is a long term weekly chart looking at lateral support 'strata'. And it looks to me that this pullback is moving right into a zone that is consolidating the breakout.