High risk for longs.The bounce does not have much strength in it and stays below that support line for too long. It makes me nervous. This may be as far up as we go. Too much fear mongering in the FAKE MEDIA. If repeated often, it becomes self-fulfilling. Bitcoin is also going to hell. All retail people are getting spooked. See my Bitcoin analysis.
Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions as you may lose all your money...and.. although my name says so, I am not from the future and don't know the future. I may or may not hold positions in symbols I talk about. I may change my mind and not tell you because posting stuff is not my priority. I just post things for fun based on what I learned and that may be incorrect.