This chart to shows the lines of support and resistance. Clearly some of those lines have been broken. I may have been wrong about making a new high, but I'd still like to see how the Blue and the Green Upward forks hold up. The lower white line at 1620 is important support. The forks near1645 and 1630 are likely to offer support, but breaking 1620 would most likely lead to a collapse to the 1560 area.