Trend Table for BDCX - ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 30	A	Weak or Absent	Up	Up	Up	4.69%
Jan 29	A	Strong	Up	Up	Up	5.25%
Jan 26	A	Strong	Up	Up	Up	4.76%
Jan 25	A	Strong	Up	Up	Up	5.50%
Jan 24	A	Strong	Up	Up	Flat	6.19%
Jan 23	A	Strong	Up	Up	Up	5.53%
Jan 22	A	Strong	Up	Up	Up	5.71%
Jan 19	A	Strong	Up	Up	Flat	6.97%
Jan 18	A	Strong	Up	Up	Down	7.22%
Jan 17	B	Strong	Up	Up	Down	7.96%