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
Nov 8	A	Weak or Absent	Up	Up	Up	0.61%
Nov 7	A	Weak or Absent	Up	Up	Up	1.78%
Nov 6	A	Weak or Absent	Up	Up	Up	1.15%
Nov 5	B	Weak or Absent	Up	Up	Up	12.69%
Nov 4	B	Weak or Absent	Up	Up	Flat	16.69%
Nov 1	B	Weak or Absent	Up	Flat	Down	17.86%
Oct 31	C	Weak or Absent	Up	Down	Down	18.75%
Oct 30	B	Weak or Absent	Up	Up	Flat	15.02%
Oct 29	C	Weak or Absent	Up	Up	Down	14.82%
Oct 28	C	Weak or Absent	Up	Up	Flat	13.96%