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
Jan 2	B	Weak or Absent	Up	Up	Flat	22.24%
Dec 29	C	Weak or Absent	Up	Up	Flat	22.11%
Dec 28	C	Weak or Absent	Up	Up	Flat	21.82%
Dec 27	C	Weak or Absent	Up	Up	Up	21.61%
Dec 26	C	Weak or Absent	Up	Up	Up	22.11%
Dec 22	C	Strong	Up	Up	Up	22.32%
Dec 21	C	Strong	Up	Up	Up	22.76%
Dec 20	C	Strong	Up	Up	Flat	23.51%
Dec 19	C	Weak or Absent	Up	Up	Up	22.07%
Dec 18	C	Weak or Absent	Up	Up	Up	22.49%