Trend Table for BULZ - MicroSectors FANG & Innovation 3x Leveraged ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 24	B	Weak or Absent	Up	Up	Up	20.75%
May 23	B	Weak or Absent	Up	Up	Flat	25.65%
May 22	B	Weak or Absent	Up	Up	Up	22.73%
May 21	C	Weak or Absent	Up	Up	Up	21.03%
May 20	C	Weak or Absent	Up	Up	Up	20.90%
May 17	D	Weak or Absent	Up	Up	Up	24.34%
May 16	C	Weak or Absent	Up	Up	Up	24.32%
May 15	C	Weak or Absent	Up	Up	Up	23.95%
May 14	D	Weak or Absent	Up	Flat	Up	30.95%
May 13	D	Weak or Absent	Up	Down	Up	34.29%