If you mean the green lines are your imaginary lines? Nah, that's a TA classic. You've drawn a trend channel. Where you anchored the upper bound is not visible on that chart, but the bottom line looks cogent.
IMHO we aren't done with the selling, VIX is still poised to shoot upwards and when it does we all know what happens, indexes go in the opposite direction. Both NDX and Russell are below 20SMA on weekly and couldn't lock above it, whereas SPX & DJIA are both above 20SMA, so it's a bit of a magnet, and TRAN! That's way above the 20SMA on weekly chart. So I would still be looking to sell retracements.
Short 13219 Stop 13250 Target 12970 area Potential double top can be seen on hourly. In fact there now have been 5 attempts to breakthrough current level.
A 350 point range, all to the upside, and you are trying to short it in the last 30 mins? *smack* Pu, you're better than that!