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 17	B	Strong	Up	Up	Down	7.96%
Jan 16	B	Strong	Up	Up	Down	8.02%
Jan 12	A	Strong	Up	Up	Up	6.31%
Jan 11	A	Strong	Up	Up	Up	6.53%
Jan 10	A	Strong	Up	Up	Up	5.77%
Jan 9	A	Strong	Up	Up	Up	6.11%
Jan 8	A	Strong	Up	Up	Up	5.49%
Jan 5	A	Strong	Up	Up	Up	6.14%
Jan 4	A	Strong	Up	Up	Up	6.04%
Jan 3	A	Strong	Up	Up	Flat	9.40%