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
Aug 5	B	Strong	Up	Down	Down	13.33%
Aug 2	B	Strong	Up	Flat	Down	9.01%
Aug 1	A	Strong	Up	Up	Flat	7.16%
Jul 31	A	Strong	Up	Up	Up	6.15%
Jul 30	B	Strong	Up	Up	Flat	7.64%
Jul 29	B	Strong	Up	Up	Flat	7.90%
Jul 26	C	Strong	Up	Up	Down	8.09%
Jul 25	B	Strong	Up	Up	Down	8.78%
Jul 24	B	Strong	Up	Up	Down	8.82%
Jul 23	B	Strong	Up	Up	Flat	7.03%