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
May 31	A	Strong	Up	Up	Up	58.27%
May 30	A	Strong	Up	Up	Up	56.41%
May 26	A	Strong	Up	Up	Up	58.63%
May 25	A	Strong	Up	Up	Up	64.24%
May 24	A	Strong	Up	Up	Up	68.11%
May 23	A	Strong	Up	Up	Up	68.86%
May 22	A	Strong	Up	Up	Up	66.46%
May 19	A	Strong	Up	Up	Up	67.83%
May 18	A	Weak or Absent	Up	Up	Up	65.96%
May 17	A	Weak or Absent	Up	Up	Up	71.69%