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
May 9	C	Strong	Up	Up	Up	15.18%
May 8	C	Strong	Up	Up	Up	15.59%
May 7	C	Strong	Up	Up	Up	15.48%
May 6	C	Strong	Up	Up	Up	15.83%
May 3	B	Weak or Absent	Up	Flat	Up	16.71%
May 2	C	Weak or Absent	Up	Down	Up	17.97%
May 1	B	Weak or Absent	Up	Down	Up	19.15%
Apr 30	B	Weak or Absent	Up	Down	Flat	20.26%
Apr 29	C	Weak or Absent	Up	Down	Up	18.97%
Apr 26	C	Weak or Absent	Up	Down	Up	19.72%