Trend Table for IWML - ETRACS 2x Leveraged US Size Factor TR ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 24	B	Weak or Absent	Up	Up	Up	22.85%
Jan 23	B	Strong	Up	Up	Up	20.57%
Jan 22	B	Strong	Up	Up	Up	19.61%
Jan 19	C	Strong	Up	Up	Down	25.83%
Jan 18	C	Strong	Up	Up	Down	27.79%
Jan 17	C	Strong	Up	Up	Down	29.66%
Jan 16	C	Strong	Up	Up	Down	27.34%
Jan 11	C	Strong	Up	Up	Down	23.71%
Jan 10	C	Strong	Up	Up	Down	22.21%
Jan 9	C	Strong	Up	Up	Down	21.79%