Bearish on Crude Oil by purchasing DWTI 3x Inverse Crude Oil

This is a bearish posture on crude oil, by going long on the 3x inverse crude oil symbol DWTI. The chart is making higher highs and higher lows on an uptrend lately. The MACD recently climbed above an intermediate resistance and is on its way to make all time highs. Likewise, the chart is approaching a previous high at 175.63, and looks like it should break out over turning it into support.