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
Jul 18	C	Weak or Absent	Up	Up	Up	15.77%
Jul 17	C	Weak or Absent	Up	Up	Up	18.32%
Jul 14	C	Weak or Absent	Up	Up	Up	21.15%
Jul 13	C	Weak or Absent	Up	Up	Up	18.78%
Jul 12	C	Weak or Absent	Up	Up	Up	20.87%
Jul 11	C	Weak or Absent	Up	Up	Up	23.21%
Jul 10	B	Weak or Absent	Up	Up	Up	25.68%
Jul 7	B	Weak or Absent	Up	Up	Flat	29.64%
Jul 6	C	Weak or Absent	Flat	Up	Down	32.31%
Jul 5	B	Weak or Absent	Up	Up	Up	27.93%