Trend Table for IWDL - ETRACS 2x Leveraged US Value Factor TR ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 24	B	Weak or Absent	Up	Up	Down	20.27%
Jul 23	B	Weak or Absent	Up	Up	Up	18.79%
Jul 22	B	Weak or Absent	Up	Up	Up	17.84%
Jul 19	B	Weak or Absent	Up	Up	Up	19.07%
Jul 18	A	Weak or Absent	Up	Up	Up	17.02%
Jul 17	A	Weak or Absent	Up	Up	Up	14.96%
Jul 16	A	Weak or Absent	Up	Up	Up	15.34%
Jul 15	B	Weak or Absent	Up	Up	Up	19.48%
Jul 11	C	Weak or Absent	Up	Up	Up	21.71%
Jul 10	C	Weak or Absent	Up	Up	Up	24.27%