1. Price reaches the overbought level of CCI. (Time Range : 10Feb 13:15 - 16Feb 13:15) 2. Fails to break out off the regression line. (Price Range : 403.90 - 418.80) 3. Takes support before the breakout. (Price range : 393.95 - 413.10) (Time Range : 12Feb 13:15 - 16Feb 13:15) 4. Another confirmation comes right from the MACD : Centerline Crossover just before the failed breakout, upward momentum. Positive Histogram