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 14	B	Strong	Up	Up	Up	7.63%
May 8	B	Strong	Up	Up	Flat	9.33%
May 7	B	Strong	Up	Up	Down	9.59%
Apr 17	A	Strong	Up	Up	Down	15.05%
Apr 16	A	Strong	Up	Up	Down	14.18%
Apr 15	A	Strong	Up	Up	Down	13.85%
Apr 10	B	Strong	Up	Up	Flat	7.91%
Apr 9	B	Strong	Up	Up	Up	6.16%
Apr 8	B	Strong	Up	Up	Up	6.07%
Apr 5	A	Strong	Up	Up	Up	5.43%