Trend Table for FEDL - ETRACS 2x Leveraged IFED Invest with the Fed TR Index ETN

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 1	C	Strong	Up	Down	Down	0.00%
Jul 31	C	Strong	Up	Up	Up	-5.58%
Jul 30	C	Strong	Up	Flat	Down	-4.19%
Jul 29	C	Strong	Up	Flat	Down	-4.60%
Jul 26	D	Strong	Up	Down	Down	1.42%
Jul 25	D	Weak or Absent	Up	Down	Down	1.42%
Jul 23	C	Weak or Absent	Up	Up	Down	-6.06%
Jul 22	C	Weak or Absent	Up	Up	Down	-5.66%
Jul 18	C	Weak or Absent	Up	Up	Down	-5.46%
Jul 16	A	Weak or Absent	Up	Up	Up	-11.32%