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
Dec 27	D	Weak or Absent	Down	Down	Down	40.62%
Dec 15	D	Weak or Absent	Down	Down	Down	36.69%
Dec 13	D	Weak or Absent	Down	Flat	Down	28.40%
Dec 12	D	Weak or Absent	Down	Down	Down	30.30%
Dec 9	D	Weak or Absent	Down	Down	Down	33.27%
Dec 8	D	Weak or Absent	Down	Down	Down	30.44%
Dec 6	D	Weak or Absent	Down	Down	Down	31.26%
Dec 5	D	Weak or Absent	Down	Down	Down	27.57%
Dec 2	D	Weak or Absent	Down	Up	Up	21.05%
Dec 1	D	Weak or Absent	Down	Up	Up	22.38%