PowerShares DB Commodity Double Short ETN (DEE) — This (Exchange-Traded Fund) ETF seeks to replicate, net of expenses, twice the inverse of the Deutsche Bank Liquid Commodity Total Return Index, which is based on crude oil, heating oil, corn, wheat, gold and aluminum. 

On Dec. 9, with DEE at $55, the Trade of the Day said, “A further drop in these futures contracts in reaction to a stronger dollar could provide for a quick 10-point trade.”

Then on Feb. 8, “We got our 10-point trade and, in the event of a general market, rally buy DEE at $55 again for another 10-point trade.”

Now this highly volatile trading vehicle is again below $55 with a buy signal triggered by the stochastic.  The immediate target is $59, but it could again provide for a full 10-point profit.  But be careful — this is a very volatile, speculative ETF that is designed for the day-trader.  If you buy it, be aware of the risk and use a stop-loss order to protect against unlimited loss.  This ETF is not recommended as a long-term investment.

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