Ok, we now have a break and new low, so a correction is highly probable, especially with the speed of the selloff creating an overselling move. Usually, that can mean a strong relief bounce.
Comment:
Prices reached this support line just now.
Comment:
that would be the 3rd confirming touch on this support level. That could give prices a boost in the short term, as my current thesis is: this green uptrend needs a new high, before we correct deeply.