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
Jan 24	B	Weak or Absent	N/A	Up	Up	59.07%
Jan 23	B	Weak or Absent	N/A	Up	Up	59.60%
Jan 19	B	Weak or Absent	N/A	Up	Flat	69.71%
Dec 22	C	Weak or Absent	N/A	Down	Down	76.27%
Dec 21	B	Weak or Absent	N/A	Up	Down	71.36%
Dec 19	C	Weak or Absent	N/A	Down	Down	76.55%
Dec 16	B	Weak or Absent	N/A	Flat	Down	73.98%
Dec 15	B	Weak or Absent	N/A	Up	Down	71.09%
Dec 9	B	Weak or Absent	N/A	Up	Down	67.03%
Dec 7	B	Weak or Absent	N/A	Up	Down	66.79%