Worst case for [RUSL]

Oil has still not found a bottom even though gold is moving up.  These will not diverge forever but nobody knows when they will converge.  The best we can do is to look at the worst case for oil plays and then react accordingly.

We still have an inclining double bottom in play but a breach of support could occur in a 3rd of 3rd of 5 with a very large percentage gap down as shown.  If this happens then RUSL is likely going to a lower low than its recent $10 split adjusted price.  The game then will be to just watch its progress until it looks like 5 of 5 is in and then scoop it up.  We already saw the explosive potential of this in its rise from wave 3 into wave 4.  Imagine how a ride from $6 or $8 back up to $25 would feel.  Keep your eyes peeled here folks, this kind of opportunity doesn't come along very often in one's trading career.