I am not a TA guy but I was mostly right. I do think support and trend lines are real.
Yesterday, I expected a drop to $605 today, then a ramp to $630 or higher. Once we bounced off the longterm trendine at $596 instead, i expected we would hit $605-610 before days close (12am UTC), and $625 or so tomorrow. All based on support and trend lines.
Ask me why we blew thru the support in the low $600's and I have no idea.