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
Jul 31	C	Strong	Up	Up	Up	26.02%
Jul 30	C	Strong	Up	Flat	Down	27.88%
Jul 29	C	Strong	Up	Flat	Down	27.33%
Jul 26	D	Strong	Up	Down	Down	35.36%
Jul 25	D	Weak or Absent	Up	Down	Down	35.36%
Jul 23	C	Weak or Absent	Up	Up	Down	25.38%
Jul 22	C	Weak or Absent	Up	Up	Down	25.92%
Jul 18	C	Weak or Absent	Up	Up	Down	26.18%
Jul 16	A	Weak or Absent	Up	Up	Up	18.36%
Jul 12	A	Weak or Absent	Up	Up	Up	23.71%