Trend Table for HDLB - ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 25	A	Strong	Up	Up	Up	15.60%
Jul 24	A	Strong	Up	Up	Up	17.31%
Jul 23	C	Strong	Up	Up	Flat	19.74%
Jul 22	B	Strong	Up	Up	Up	17.06%
Jul 19	A	Strong	Up	Up	Up	15.88%
Jul 18	A	Strong	Up	Up	Up	15.34%
Jul 17	A	Weak or Absent	Up	Up	Up	14.61%
Jul 16	A	Weak or Absent	Up	Up	Up	19.04%
Jul 15	B	Weak or Absent	Up	Up	Up	21.50%
Jul 12	A	Weak or Absent	Up	Up	Up	21.39%