Some long-term support lines are roughed in in blue. Closing dailies below the blue lines will probably see immediate drops to the next .
Looking ahead it seems as though there will be another intersection of bear line vs. long term support line (at next blue arrow). A drop down would be a pretty powerful signal that we're not close to bottom yet. At this point, sentiment is pretty brutal, so I kind of expect it to dump there unless we have some great positivity generated in the next few weeks and we can generate significant buying .