PowerShares DB Oil Fund  (DBO) Trade Now »     Rate DBO  -  Discuss DBO  -  Add to Watch List        

During this week’s technical analysis of more than 500 sector and ETF charts, The Correct Call has possibly identified a couple of emerging trends. In all likelihood, the one that will fetch the most headlines and the boldest print is what looks like an impending rally in oil. We see a short term rise in oil prices as highly probable due to oil’s rapid decline and a recent technical buy signal.

Traders looking to initiate a diversified position might consider investing a few dollars in PowerShares DB Oil Fund (DBO) and for double the fun ProShares Ultra Oil & Gas (DIG).

Another sector’s chart

The PowerShares DB Oil Fund is based on the Deutsche Bank Liquid Commodity Index - Optimum Yield Oil Excess Return™ and managed by DB Commodity Services LLC. The Index is a rules-based index composed of futures contracts on Light Sweet Crude Oil (WTI) and is intended to reflect the performance of crude oil.

You cannot invest directly in the index. Ordinary brokerage commissions apply.

http://www.dbfunds.db.com/Dbo/Pdfs/DBO_Fact_Sheet.pdf

http://www.dbfunds.db.com/Pdfs/PowerShares_DB_Multi-Sector_Co...