Direxion Daily Russia Bear 3X (RUSS)

[THREE-DAY-TRADER]

Looking risky here yet with Crude Oil after hours hitting new highs & RUBLE gaining on $USD, breaking that critical 50 Ruble mark. The Ruble breaking below that 50 mark is even more critical now as that low 50 area has been in a tight range holding above support. But at this stage it is breaking below 50 and consequently breaking down which portends a likely risk for RSX to gap up yet to new highs, so not good for RUSS at this time.
Just be aware, as it is showing a high risk juncture here yet.

Going back as far as a couple weeks ago as I've posted about, the way things seem setting up, I might just get that 5 area I've been waiting for as a decent chance to occur yet.
But if it happens, it'll be a good cleansing for possible best entry scenario on RUSS.