How far down Crude Oil will go?

Crude oil pulled back sharply from 75.30 resistance level. Now bouncing from trend line drawn from March to May lows. Until it reclaims 69.75 and stays above, downward pressure continues. If 65.30 fails to hold, next support at 64 and at last 61.50. Close below 61.50 more downside possible. Other levels as marked.