Trading XLF

A couple days back I posted my profitable trade of XLF calls. I made the trade because of the downward trendline on the XLF. I purchased calls at the lowest green circle at 6.11, and I got the bounce I anticipated (even though I sold the calls too early).

Now, I am playing the reverse trade. Last week I purchased Puts on the XLF, and today I added to the position (even though I said I wasn't going to make any more moves today). I did this because of the other trendline on the XLF. Notice the Blue circles this time (instead of the green). I anticipate the XLF should pull back SOON as it has reaches the top of its trendline and downward sloping channel. Also notice, the XLF hasn't pierced its 50 day moving average (in Red) since last September, and I have no reason to believe it will now.