Direxion Daily Russia Bear 3X (RUSS)

[value1008]

For that to happen, we need oil to come back down to low $50s and ruble to calm down by at least about 10%, and maybe Putin to do something crazy with Ukraine or elsewhere. Still, i think just a pullback by the ruble might get RUSS up to $8. Not a bad gain from here.... But first the ruble needs to top out (a double top on the recent month ruble/USD chart?) and RUSS would likely be a bit lower at that point before rising....