Blocking Out the Rebound Rally; Chess Moves

I went long ERY at $18.15 with a stop-loss below $17.70, possible day-trade in this triple-short energy sector ETF. This position is roughly 4% of my portfolio. 

I am betting on energy heavyweights like CVX SLB XOM pulling back in the coming trading sessions, if not today.

XOM is in the news just now with reports of a possible explosion at a refinery in California. But I am not taking the trade off of that. Instead, I am keying off the CVX SLB XOM charts in general, as well as crude already seeing a snapback rally in recent weeks. 

Still, they are all in established downtrends and I think it is worth the risk to play for a rollover, provided that stop-loss discipline is kept in check.