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 31	B	Strong	Up	Up	Up	12.52%
Jul 30	B	Strong	Up	Up	Up	13.17%
Jul 29	B	Strong	Up	Up	Up	13.83%
Jul 26	B	Strong	Up	Up	Up	11.55%
Jul 25	B	Strong	Up	Up	Up	14.60%
Jul 24	C	Strong	Up	Up	Down	17.89%
Jul 23	B	Strong	Up	Up	Up	13.16%
Jul 22	B	Weak or Absent	Up	Up	Up	15.51%
Jul 19	B	Weak or Absent	Up	Up	Up	19.02%
Jul 18	B	Weak or Absent	Up	Up	Up	17.62%