Trend Table for FNGS - MicroSectors FANG ETNs due January 8, 2038

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	A	Weak or Absent	Up	Up	Flat	-1.46%
Nov 19	A	Weak or Absent	Up	Up	Up	-1.88%
Nov 18	B	Weak or Absent	Up	Up	Down	0.20%
Nov 15	B	Weak or Absent	Up	Up	Down	0.81%
Nov 14	A	Weak or Absent	Up	Up	Up	-1.96%
Nov 13	A	Weak or Absent	Up	Up	Up	-2.39%
Nov 12	A	Weak or Absent	Up	Up	Up	-2.30%
Nov 11	A	Weak or Absent	Up	Up	Up	-1.61%
Nov 8	A	Weak or Absent	Up	Up	Up	-1.72%
Nov 7	A	Weak or Absent	Up	Up	Up	-1.97%