PowerShares DB Crude Oil Dble Long ETN (DXO)

Great move yesterday in the PowerShares DB Crude Oil Dble Long ETN (DXO).
Crude oil is back down today (trading at 44.20$) this morning in Europe.
Warning ; like I said a yesterday ; watch out for "fake moves"
The PowerShares DB Crude Oil Dble Long ETN (DXO) is VERY volatile !
See that resistance ? its the 50 days moving average.
Expected scenario ? look at the blue arrow on the chart