M15. I have totally reversed my idea of an upward channel and re-drew the down channel, which now widens. I closed my losing longs and opened another short. I'd rather sleep on this. Equities are short on W1, D1 and, and, so I'd rather go this way.
This makes great sense. Note that the channel bottom coincides with the gap up of today. I'll short rallies again in this declining market. Summary of that up channel is probably loss of $80 from nett the longs that did work, after closing the last two losing longs.