We've been having problems with this 653.00 - 656.00 area. We've had two rejections off of the 4HR Kumo so far but I'm anticipating a breakout. BB indicators seem to be hinting towards this thing turning bullish , my MA's crossed and the Daily is still in an uptrend imo . MACD looks like shit but I've got enough to increase my #bag-holder position @ the VWAP .
This is why you should buy @ (or below) VWAP when anticipating a breakout. Trade didn't go as planned, got out @ break-even. Too much turbulence in the 4HR Kumo and MACD continued to show no momentum-- flat-lining just below 0.