Here's a look at some patterns from past similar situations, overlaid in the curved channel going back through 2014. I've drawn in a more bullish move in 2016, as I believe, aside from wicks, the channel will hold us over $265.
It could be a very depressing Christmas though, so be open minded and focused on the future!
It could be a very depressing Christmas though, so be open minded and focused on the future!