It is make or break time, we have 200 EMA acting as resistance while 20 is looking to crossover 50. Market is moving one way or the other. I would be playing a breakout lower, however I would not be dogmatic if the tape tells me I am wrong. My feeling with the MACD topping on the daily chart and the divergence (marked with red lines below) on the 4 hour chart, we should see the market lower, rejecting the 20/50 crossover.
