What's wrong with DUG?

Quote from c.chugani:

Its the other way round today.

Oil down and DUG is also down by more than 1%.

What gives?



DUG does not track OIL, if you want to invest in something that moves in the total opposite of oil BUY DTO, I said this on July 3rd when it was trading around $22, today its $30+...oil is headed further down, however I would keep in mind that it could bounce back to $125+, next support in oil is around $109.00.
 
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