Breaching our 14 month resistance trend line?

٤ مارس ٢٠١٥

I'm looking at this 14 month trend line and trying to understand if we are in a critical, possible downside here. I really thought we were passed this trend line but once I revisited (thanks to MoonTrader) this resistance line I saw that we were still in a bearish channel.

Kudos to MoonTrader and his charting.