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
Jun 4	A	Weak or Absent	Up	Up	Flat	18.70%
Jun 3	B	Weak or Absent	Up	Up	Down	19.28%
May 31	B	Weak or Absent	Up	Up	Down	20.24%
May 30	B	Weak or Absent	Up	Up	Down	19.23%
May 29	A	Weak or Absent	Up	Up	Up	16.92%
May 28	A	Weak or Absent	Up	Up	Up	16.71%
May 24	A	Weak or Absent	Up	Up	Up	17.27%
May 23	A	Weak or Absent	Up	Up	Flat	19.04%
May 22	A	Weak or Absent	Up	Up	Up	18.26%
May 21	A	Weak or Absent	Up	Up	Up	17.17%