Trend Table for MTUL - ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 15	B	Weak or Absent	Up	Up	Down	0.00%
Nov 14	B	Weak or Absent	Up	Up	Up	-1.75%
Nov 13	A	Weak or Absent	Up	Up	Up	-3.52%
Nov 12	A	Weak or Absent	Up	Up	Up	-4.01%
Nov 11	A	Weak or Absent	Up	Up	Up	-4.82%
Nov 7	B	Weak or Absent	Up	Up	Up	-3.32%
Nov 6	B	Weak or Absent	Up	Up	Up	-2.15%
Nov 5	B	Weak or Absent	Up	Up	Down	2.01%
Nov 4	B	Weak or Absent	Up	Up	Down	4.87%
Nov 1	B	Weak or Absent	Up	Up	Down	4.45%