The Russell 2000 inverse ETF (NYSE:RWM) has had a rough 6 years, falling a ton in price ($500 to $62). If one has owned if for a long time, it hasn't been fun.
A couple of weeks ago RWM broke above triple resistance at (1) above and members bought the ETF on the breakout.
At this point, the price action looks ok.
If RWM breaks above $66, it has the potential to really take off.