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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	F	Strong	Down	Down	Flat	80.73%
May 19	D	Strong	N/A	Down	Up	78.13%
May 18	D	Strong	N/A	Down	Up	76.19%
May 15	F	Strong	N/A	Down	Down	83.33%
May 8	D	Strong	N/A	Down	Down	84.43%
May 4	D	Strong	N/A	Down	Down	95.36%
May 2	D	Strong	N/A	Down	Down	84.89%
Apr 19	D	Weak or Absent	N/A	Down	Up	74.96%
Apr 17	D	Strong	N/A	Down	Up	73.01%
Apr 11	D	Strong	N/A	Down	Up	76.20%