A lower low followed by a lower high usually means a change in trend and if it breaks below the new lower low support it could be the first signs of a weak market. Keep an eye on this as the price flirts with the new support level. Not convinced this has completely broken support yet. (remember ther's a buffer zone on resistance/support levels it's not always an...
Looks familiar... *Dr. Jean-Paul Rodrigue, Dept. of Economics and Geography, Hofstra University