Trend Table for CEFD - ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 1	A	Strong	Up	Up	Up	9.29%
Jun 28	A	Strong	Up	Up	Up	9.29%
Jun 27	A	Strong	Up	Up	Up	9.85%
Jun 26	A	Strong	Up	Up	Flat	10.77%
Jun 25	A	Strong	Up	Up	Flat	10.82%
Jun 24	A	Strong	Up	Up	Flat	10.70%
Jun 21	A	Strong	Up	Up	Flat	11.47%
Jun 20	A	Strong	Up	Up	Flat	11.34%
Jun 18	A	Strong	Up	Up	Flat	10.93%
Jun 17	A	Strong	Up	Up	Flat	10.95%